Real Estate Growth in Milton Ontario

Milton Real Estate Growth

Over the past 5 years, the real estate market in Milton has continued to grow rapidly. People are attracted to Milton for several reasons.

The position of Milton on the western edge of the Greater Toronto Area, near highway 401 makes it possible to commute to Toronto, Guelph and Kitchener/Waterloo. But Milton isn’t just popular because of its proximity to job centres.

Milton features beautiful natural areas, such as the Bruce Trail and the Niagara Escarpment. For nature lovers, Milton is like paradise on earth. There are many opportunities for outdoor recreation, and even some cultural attractions as well. Milton is also a very safe community, with plenty of activities and amenities for children, making it an ideal place to raise a family.

The housing stock includes not only historical Victorian homes, but also brand new single family homes built to every size. Condo townhouses and condo highrises are also available.

Despite its popularity, homes in Milton remain reasonably priced, although prices have risen steadily (excluding the short lived dip during the 2008 financial crisis). Many new homes have been built in Milton over the past few years, and this rapid expansion of the housing supply has kept prices from rising too rapidly. Milton remains one of the more affordable areas in the GTA, and hence is popular with first time home buyers.

Milton real estate looks poised continue to flourish, with new quality homes being built each year, and no signs of the market cooling down. The location of Milton, plus its many amenities make it a highly sought after and desired part of the Greater Toronto Area, and anyone buying a home there is unlikely to regret the decision.