Active real estate listings on the rise in Milton and Halton Region

By

Published December 28, 2023 at 5:31 pm

Housing starts may be a little slower than hoped for in Halton Region but there are plenty of active listings, with listing up 27.5 per cent year-over-year and 65 per cent in Milton.

Despite every region in the GTA experiencing a dip in active listings from September to November, overall conditions have improved from 2022 in every region and city, with the number of listings in Halton jumping from 1,238 in November 2022 to 1,578 last month. Even if active listings in the communities continue to drop off month-over-month, it is unlikely that they will reach November 2022 levels anytime soon.

Active listings in York Region were up 47 per cent from 2022 while Durham and Peel Region both experienced 40 per cent-plus increases in active listings from over the past year. Active listings surged the most in Milton, Bradford, Newmarket, Aurora, Ajax and Pickering – each with spikes of more than 60 per cent – while Mississauga, Brampton and Oakville all saw increases of at least 39 per cent.

Burlington’s active listings showed negligible year-over-year growth, going from 446 to 455, while Halton Hills enjoyed a 20 per cent surge, moving from 136 to 163 listings.

Milton rose from 192 listings a year ago to 316.

Unlike active listings, which have seen a slowdown in the past few months, months of inventory is still climbing or remaining stable across the GTA. In November 2022, every region in Toronto besides Simcoe County had under two months of inventory, while in November 2023 most regions had over two months of inventory.

Every Halton community is showing an increase in months of inventory, with Oakville topping the list at 2.7 months of housing inventory.

inhalton's Editorial Standards and Policies advertising