March 2025 Market Report
Milton, ON, April 8, 2025 – The Halton Region real estate market continues to show positive trends in March with average prices slightly dropping year over year, which bodes will for would-be buyers that have remained on the sidelines to date. However, the upcoming federal election and the looming threat of on-again-off-again tariffs from the United States may cause more hesitation. Consumers across the board are seemingly taking a “wait and see” approach.
“The looming threat of US tariffs continues to create a sense of hesitancy among potential homebuyers, leading to a decrease in sales activity. Despite the dampening effects of this trade war on market activity, sale prices across Halton region have demonstrated remarkable resilience,” says OMDREB President Ken Mazurek.
“The relative stability of home prices across the Halton Region indicate underlying strength and stability despite these external economic headwinds. While affordability has improved, which is great news for consumers, uncertainty with Canada’s largest economic partner and an upcoming federal election may cause many buyers to take a wait and see approach for the time being,” continues Mazurek.
He adds, “When consumers are ready to buy or sell their home, making an informed choice by using an OMDREB REALTOR® should be a priority.”
