May 2023 Residential Statistics

May 2023 Residential Statistics

REAL ESTATE MARKETS ACROSS NIAGARA / HALDIMAND / HAMILTON ARE MAKING PROGRESS AS WE HEAD INTO SUMMER MONTHS. WITH THE LATEST INTEREST RATE INCREASE WE EXPECT MORE INVENTORY TO HIT THE MARKET, BUYER’S CONTINUING TO NEGOTIATE A FAIR DEAL BASED ON MARKET / FINANCING...
June 2023 Residential Statistics

June 2023 Residential Statistics

We have reached the halfway point in 2023 and the current real estate environment is trending towards a plateau heading into summer.  Niagara had 1509 new listings in June as inventory moves upwards and sits at 4.5 months.  Sales decreased 12% month over...
July 2023 Residential Statistics

July 2023 Residential Statistics

The dog days of summer are here, and our typical summer slowdown is in progress (people vacationing + interest rates increased). Niagara had 1402 new listings in July as inventory moves upwards and sits at 4.3 months.  Sales decreased 16% month over month and...
August 2023 Residential Statistics

August 2023 Residential Statistics

Niagara’s real estate market paints a picture of balance and pontential. Despite an 11% dip in unit sales, this decline is complemented by a 13% decrease in average sale prices, as a result of more inventory and higher interest rates. With a comfortable 3.8 months of...
THIS WEEKS OPEN HOUSES