Ennisclare Condos - March Sales

The Oakville resale market recorded 359 sales in March, up by 18.9% versus the 302 units sold in March 2016. March sales signaled a turnaround in volume likely due to the beginning of strengthening inventory levels. With the first quarter of 2017 now over, year-to-date sales are showing a 9.0% growth versus the comparable period last year (748 units versus 686 units). It is likely these sensational price increases will entice a growing number of sellers onto the market, which will be highly positive for volume going forward.