by CreativeScope | Oct 7, 2023 | Uncategorized
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...
by CreativeScope | Oct 7, 2023 | Uncategorized
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...
by CreativeScope | Oct 7, 2023 | Uncategorized
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...
by CreativeScope | Oct 4, 2023 | Uncategorized
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...