Market Intelligence: Are International Buyers Still Buying in Oakville’s Luxury Market?
Goodale Miller Team
Here’s a quick market update for the month of September where we take a close look at some of the buying trends we are currently experiencing.
There’s a lot of speculation, but the numbers are clear; 2018 has seen a substantial drop in Asian buyers in the Oakville luxury home market.
We’ve dissected the numbers for sales over $2 million, considered the Foreign Buyer Tax, as well as tighter financing requirements – and the results are staggering. We’re seeing drops of over 65%!
Whether you’re buying or selling, understanding the overall market impact is a must! Check out the video below to learn more.
Are you looking to buy or sell in Oakville or the surrounding areas? We'd love to hear from you. Contact The Goodale Miller Team today or view our homes for sale here.
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