Canadian Real Estate News

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Home sales up over 24% in 2009 compared to a year earlier.The Building Industry and Land Development Association (BILD) showed 33,165 new homes and condos were sold in the GTA, compared to 27,153 homes in 2008.

Real Estate is once again proving to be a great long term investment. With interest rates near record lows and the pending possibility that the Bank of Canada may raise rates during the second part of this year, now is a great time to consider the purchase of a home.

The business outlook is positive as internet marketing is taking a front seat to traditional print advertising.

Include your local business in OakvilleBusiness directory, see our internet advertising program.

Selling Your Home? Find out how to sell your home in 3 weeks or less with or without an agent.

Oakville Real Estate Realty Ontario Canada

Buy or Rent?

Oakville offers many housing options from apartments, townhomes and single family homes to opulent villas and multi million dollar houses.

If you are thinking of renting vs. buying, consider the length of time you plan on living in the residence. Most people that lost money on real estate only held it for a shorter period of time or sold when market conditions were unfavorable. In the long run buying is usually better than selling and in Canada you keep any capital gain you make on the home when you sell your primary residence.

When you buy a home there are extra expenses to consider such as the "welcome tax", appraisal fees, home inspection, real estate commissions and actual moving expenses. There is also sometimes the cost of fixing up the home the way you want it after you move in.

Oakville Real Estate - Realty

**Oakville Real Estate Services**

Real Estate Appraisers
Architects
Real Estate	Oakville - Burlington
Robson Real Estate	Over 30 Years of Experience in Oakville, Burlington, Hamilton	Phone: 905.529.4554
Sandstone Management	Rentals and Lease to Own Homes Canada	877-311-7671
Century 21	2378 Blue Holly Crescent	Oakville
Century 21 Miller	467 Speers Road	Oakville
Coldwell Banker	2115 South Service Road W	Oakville
Hill Property Mgmt.	220 Wyecroft Road	Oakville
Nook E J Realty	1252 Lakeshore Drive	Oakville
Orange Properties	1492 Pilgrims Way	Oakville
Realty Executive First	243 N. Service Road W.	Oakville
Royal Lepage	3060 Mainway	Burlington

Real Estate Agents
Goodale Miller Group	467 Speers Road	Oakville
Remax	67 Lakeshore Drive	Oakville

Real Estate in Oakville

In 2010 Canadian home resale prices rose for a seventh straight month in November. Vancouver led the gains, rising 1.9 percent, the only market to exceed the national average. Without Vancouver, the composite index would have been up 0.5 percent, the report said.

Toronto and Calgary both recorded gains of 0.6 percent in November, followed by 0.4 percent increases in each of Halifax and Ottawa. Montreal posted the smallest rise, up 0.1 percent.

It would seem the housing sector has momentum and is leading the fragile economy out from its downturn.

Real Estate in Oakville was fortunate not to have fallen much during the global financial crisis. Real Estate all over the world was affected by the excessive worldwide speculation and irresponsible lending on the part of many major banks. Here in Canada we can count our blessings and when looking around our community, solid stable housing prices are returning.