Making History in Oakville

Posted by Alexis Culp — June 5, 2012

1338913613The second quarter of 2012 has made history. In the month of April alone, we have sold 7 properties over $4M up to $16M. This kind of activity in the market clearly confirms that confidence is being restored in our buyers and will continue throughout the year. Consumer confidence has been locked down for the last few months and the economy is taking a back seat.

April 2012 Economic Statistics:

‘The Buy Index, which measures the extent to which Canadians feel that now is a good time to purchase a “big ticket item," such as a car or a major household appliance, is perhaps the most important of the sub-indices, because if people feel now is a good time to buy, they may act on it, which will provide the real economic stimulus. The Buy Index is the only sub-index showing some optimistic signs, rising slightly from 92.0 to 93.6, which most likely can be attributed to the beginning of spring and home renovation season. “In any event, that is some optimistic news going forward, and Canadians are in somewhat of a spending mood," said Baillie-David.

In case you missed us in the Globe and Mail last week, click on this link to read the article.

1338913650

Photo: Southeast Oakville JUST SOLD List Price: $6,998,000 Square Footage: 6,250 + 3,256 | Beds: 4 + 1 | Baths 5 + 1 | Lot Size: 105’ x 259’

Share this post

Search Press Releases

Recent Blog Posts

Vibrant Outdoor Paradise - Splash Pad, Sport Court and Custom Water Fountains

Jean-Michel Edery, Russ Lyon Sotheby's International Realty — Aug 11

2 Luxury 'Mill Hollow' Open House Tours

Linda Secrist, Linda Secrist of BHHS Utah Properties — Aug 09

Exquisite Two Story Townhouse On Coveted Allison Island

Jeff Miller, Jeff Miller of Brown Harris Stevens | Miami — Aug 09

Significant Sale - 661 N Saddle Hill Rd, Salt Lake City, UT 84103

Summit Sotheby's International Realty - Salt Lake City, Summit Sotheby's International Realty — Aug 09

The Residence of William Ledyard Mitchell

Higbie Maxon Agney, Inc. Realtors, Higbie Maxon Agney, Inc. Realtors — Aug 08

Twitter