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NEWS & UN FORMATION 4%The Oakvle Milton The Septenuber Real Estate Market 312011 11it1a -Re Msalt housln sales contin- ue itrong Un the OmUsslle Hlton are, JACK accordlng McCRUDDEN 10 ittis t)MDtliPneîtaa releaied today by The Oakvlle Milton and DWsrIct ResU Ltat Board. Sales o! exlstlng homes ln Septemlser 2011 Iotalled 765 - a 12.7 perce«t Incitait oser Septeniber 20 10 saes af 679. Thit increase wu mois sipsit cant Un Milton saitere the nmnber o! realdential samies totalled 18 1 comp.red to 130 In September 20 10- amjunp of39 perentln a consmunty rtcogszed as ose of the latest growlng I Canada, The dollar volume of sales processed through the OMOREB MISIS system increased by 16.5 percent in September 2011 t0 $312,998,734. once agin. the Board reported a climb Un new listings, as sellers re- sponded 10 hliher prUces Un both Milton snd Oalsville. -The 7.5 percent increase Un nete lsings Us area sellers' response 10 the positive price gains oser the pais sartral months, commented OMDREB Presldenl Jack McCrud- den. 'Desplte the carrent gloUbal economlc uncertalnty. resU citat remains a greal nvesiment and buyers se respondlnq.' The average palct ln Mlton rose 16 percent 10 $437.293 lait month. cotnpured ta $376.003 a year taller. Un OsIssille, the avec- sgt pelae totaled $582.316ô up 5 percent oser September 2010O's pelae. McCrudden notes that record las mortgae rates rema the mois slgnîficant factor Un buy- ers' housing purchase decislons. tven Ihough recent Statistics Canada figures indicate a clecline Un consumer confidence acrosi the countr-y, home bayers Un this area are stillIinfiuenced by record losv mortgage rates ami increased choice Un tht houslng martes. Third-quarter results point to a robuit but stable marlet: Sales ncreased by 8 percent tu 7.915 compared 10 7,332 Un the Uhird- quarter of<20 10 and numbers of new listings misa lncreastd by 8 percent hie the fiait aIne montha of tht ytar. Average pattas Un OsissUlle and Milton lscressed by 8.5 and 6 percent respectis'ely ytar 10 dise. '1ilo oc etgsge rates continue. icer1e loolslng forward 10 sntrong markt thmouaj 10, year endV McCrudden concludes OMDREB Sept. 2011i Sales C511111muLV SAM11 ACCOSDUI TO DWISTNC Mita. neSidemtl Type Unks1 muid ity Type Dtlclchcd 101 srrntTewathac'c 61; .4paflmeslt cfl( 12 Odisite tuidedl Tfpe tUma M by Type fia-ta lie133 ic.tlftieaataou53 ApifmrnCoeiat 41 201 1 Cmwoered te 20OlO Nia. Seatalie SOI1 Isepiefl MO. of BesidentIal sales I8 1I3() Averigel1 Sale 6cr $457.2143 $376AMM leclIant sale l'ut. $417,900 $3653.250 Mita "D 201 1 nu Ro1 Ma,. of Mcrsidenflal Sales I,620 I.435 Areogil 55f 65,nk $414,162 $932 MedLan2 Sale PaKe $395.000 $3itUilO OSaUc pta.be SOI1 Isapie Mic. of RcaUdctIa sales 228 220 Aveagel 1sale mcce $582.316 $5554 MedUan2 sale PiSte $519.750 $458.900 o@sumi T 201î Tmus01 rio. ef Meteaai Sales 2,6M8 2.35 Avcragel Isale Prie $6S2.301 $331.197 tlcdIa2 sale Pite $318230 $4W0301 et SOtO O % change 39% 16% 15% % Otaage 7% e2010 %Ota.B 3.5% 5 % 113% O % 'âmr 5.5% 9.5% 1 % 'The aveage hoette price la found tiy addn taie salue cg ii tales and dteUlaag by the tnrbcn of homnesý flic mediii sie pUice le aihe trdpolato caN sales. Thac Intormatbon pmwkbd hereMt le dcered accliate but tit gpaacttied. stource: Oulisil., MIkon atar Oteri Rcii rate &loard UOMItI5I1 msnn.cnsdnt os ca I Your local RCALTOELS LIVC, QIVC & PLAY ln the fleighbourhood tool I fatatshcd lna >04, lite OScile. Milton and (istrIct Real fuiate Soin> (OHiOfif) Us lte coice of 1.400 RMLWM58S Un OakcU5e Milton aud lte swrouia area. OMit CR BPemee use lte I R&ITORO trdcma44 uatitci IdentOes ltent as oelctatpoeclnU utA., sutasctlle lu a strict co>& of etAlcs% 0190RC operales lte laet ç(PIL30) uand ptoctdes cngcng prufrsslueiil educitcei I ~ ~courges loAs' IL Peetaers rôt more lnlormnalon "UI www.ornflbýon.ca or cati O4'ttRU i 905.844.6491