June 2017: Detached, Oakville

Summary:

  • Oakville detached home sales down 46%, listings up 96% YoY
  • A rapid decline in sales/increase in supply resulted in MoM price declines of approximately 7-16% and YoY price growth falling from 20-25% to under 3%
  • A flat or negative MoM price change in July will put Oakville detached homes into negative YoY growth

You can read the original June 2017 TREB Market Watch publication here.

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