🏠 She Put Her Money Down on a Dream Home in Oakville... Then Her...

Market Trends & News

By Tony Sousa - Realtor - Real Estate Agent

August 28, 2026

8 min read

Welcome to The Tony Report: Halton Edition – June 2026

Hey Halton! It’s Tony Sousa here, and let’s be honest, things are shifting. We're seeing a slowdown in new listings, but sales are still climbing – a testament to buyers cautiously stepping back into the market. Inventory is tighter than a drum, which is impacting prices, and that brings us to this week’s cautionary tale. This edition is packed with the insights you need to navigate the Halton market – from the latest stats to the properties you absolutely MUST see. Let’s dive in!

News to Know:

Bank of Canada Holds Steady: The BoC’s decision to keep rates at 2.25% signals a pause, but rates remain historically low.

Sales Surge, Listings Drop: TRREB reported 6,583 home sales in May, a 6.3% increase year-over-year, alongside a significant drop in new listings – 18.9% year-over-year. This means less competition and more negotiating power for buyers.

GTA Affordability Returns: Average sold price in the GTA hit $1,069,700, but the condo market under $500,000 is seeing increased activity, offering a pathway to homeownership.

Local Election Update: Oakville Council announced a new community improvement plan focusing on revitalizing the downtown core.

Market Minute: Reality vs. Hope in Halton

Let’s face it, the ‘sky is falling’ narrative is fading, but we’re not back to pre-pandemic levels. Prices are still elevated, especially in Oakville ($2,049,151 average list price), but the decrease in new listings is clearly impacting the pace of appreciation. Sellers, you need to be realistic – over-asking prices are becoming less effective. Buyers, the increased sales volume is your friend. Be prepared to move quickly and negotiate strategically. This tightening inventory is fueling a return to a more balanced market.

Did you know? The Ontario Land Transfer Tax Rebate is still available! First-time homebuyers can receive a $4,000 rebate, making homeownership more accessible. Don’t forget to factor this into your budget!

Listings of the Week

1333 Kestell Boulevard, Oakville, ON L6H 0C8

This stunning townhome in the heart of Joshua Creek offers the perfect blend of luxury and convenience. Enjoy a bright, open-concept kitchen with granite countertops, hardwood floors throughout, and a private backyard oasis. With 3 bedrooms and 3 bathrooms, it's ideal for families or those who appreciate a move-in-ready space. Plus, the lease-to-own option is a game-changer! Don’t miss out – schedule your viewing today.

236 Hammersmith Court, Burlington, ON L7L 4N7

Located in the highly desirable Elizabeth Gardens neighbourhood, this charming 3-bedroom bungalow offers a fantastic opportunity to settle into a well-established community. With updates including laminate flooring, new tile, and refreshed carpeting, this home is ready for you to add your personal touch. Plus, with convenient access to GO Station, parks, and schools, you’ll enjoy a lifestyle of comfort and convenience. Don’t wait – schedule your showing today!

1380 Main Street E 210, Milton, ON L9T 7S4

This beautifully updated corner unit in a sought-after Milton community offers an ideal blend of modern comfort and convenient living. With 2 bedrooms, 2 bathrooms, and an open-concept layout, this home is perfect for young professionals or small families. Enjoy recent updates like new flooring, a modern kitchen, and a fantastic location just steps from GO Station and highways. Schedule your visit today!

Tony’s Round-up: Halton Events to Look Forward To

Oakville Family Ribfest: June 26-28 – Get ready for BBQ, live music, and family fun at Sheridan College!

Sunset Kino Outdoor Film Festival: June 25-28 – Enjoy classic movies under the stars at Gairloch Gardens in Oakville.

Burlington Latino Festival: June 28 – Celebrate Latino culture with music, food, and vibrant entertainment at 2315 Headon Forest Drive.

Canada Day Celebrations: July 1 – Join the festivities at Bronte Heritage Waterfront Park in Oakville, Spencer Smith Park in Burlington, and Canada Day in the Glen in Halton Hills.