Three months into COVID-19, the housing market in Milton and the Halton Region appears to be strong.
Hunter Obee is on the board of directors for the Oakville Milton District Real Estate Board.
He says the market is healthy.
Obee says that despite the increase in buyers in the market, people shouldn’t be worried about a crash either.
There also has been an adjustment with viewings.
More virtual meetings and walkthroughs have been taking place because of COVID-19.
However, that also hasn’t impacted sales.
In Milton, the average sale price for a home in May 2020 was $1,006,355, up 5.3 percent from $955,926 in 2019.
The average sale price for a townhouse/condo in the same area for May 2020 was $643,343, up 7.8 percent from $596,717 in May 2019.
