August 2019 Residential Statistics

August 2019 Residential Statistics As summer winds down we are still seeing increases in the market across the Niagara and Hamilton regions. The Niagara Region had a total of 9% increase in unit sales, and an 11% increase in average sale price YTD for the month of August. Compared to last year, there was an 6% increase in listings in the region. Residential properties averaged 38 days on market and $327/sqft. Hamilton, Ancaster and Stoney Creek had a total of 12% increase in unit sales, and a 6% increase in average sale price YTD for the month of August. Compared
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July 2019 Residential Statistics

Solid numbers in a busy Summer Market. Still seeing increases in both unit sales and average sale price across the Niagara & Hamilton regions. The Niagara Region had a total of 12% increase in unit sales, and an 9% increase in average sale price YTD for the month of July. Compared to last year, there was an 12% increase in listings in the region. Residential properties averaged 39 days on market and $328/sqft. With only 3 months of supply left, we are in a seller’s market! Hamilton, Ancaster and Stoney Creek had a total of 17% increase in unit sales,
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June 2019 Residential Statistics

Summer is upon us and things are heating up! Increases in both unit sales and average sale price bring us into a strong summer market. The Niagara Region had a total of 6% increase in unit sales, and an 8% increase in average sale price YTD for the month of June. Compared to last year, there was an 8% increase in listings in the region. Residential properties averaged 39 days on market and $327/sqft. With only 3 months of supply left, we are in a seller’s market! Hamilton, Ancaster and Stoney Creek had a total of 12% increase in unit
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May 2019 Residential Statistics

Spring Market has brought an increase in both Unit Sales and Average Sale Price. Unit Sales and Average Sale Prices still increasing in Niagara, Hamilton, and surrounding areas. The Niagara Region had a total of 7% increase in unit sales, and an 8% increase in average sale price YTD for the month of May. Compared to last year, there was an 8% increase in listings in the region. Residential properties averaged 40 days on market and $325/sqft. With only 3 months of supply left, we are heading into a busy seller’s market! Hamilton, Ancaster and Stoney Creek had a total
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April 2019 Residential Statistics

April 2019 Residential Real Estate Statistics Average sale prices and total unit sales are still increasing. The numbers are in for the month of April and we are happy to announce that both unit sales and average sale price are up for all of Niagara + Dunnville and the Hamilton, Stoney Creek and Ancaster regions. Niagara + Dunnville had a 9% increase in Unit sales  and a 7% increase in average sale price over last year. Hamilton, Ancaster and Stoney creek also had a 9% increase in unit sales, but a slightly smaller 4% increase in average sale price. Niagara-on-the-Lake
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March 2019 Residential Statistics

March 2019 Residential Statistics First Quarter of 2019 was quiet, but still saw an increase with New Listings, Unit Sales and Average Sale Price. Niagara + Haldimand had a 3.6% increase in Unit Sales from the same time last year, and a 6.6% increase in Average Sale Price. Hamilton, Ancaster and Stoney Creek had a 7.6% increase in Unit Sales and a 4.9% increase in Average Sale Price. Both regions had a large increase in New Listings, Niagara had 17% more New Listings compared to the same time last year, and Hamilton’s New Listings increased 18%. There are 4 months
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February 2019 Residential Statistics

Check out this February’s residential statistics. Niagara + Dunnville and the Hamilton Region saw an increase in both unit sales and average sale price with many new listings and averaging 48 and 39 days on market. Check out our Monthly Market Trend for detailed information about each market, and our 2019 February Residential Statistics for more detailed information.   Monthly Market Trend – FEBRUARY 2019 Residential Market Statistics February 2019 – January 2019
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January 2018 Residential Statistics

We’re one month into 2019 and the numbers are in, unit sales and average sale price are both up! Check out the charts below for more information. Monthly Market Trend – JANUARY 2019 (1) Residential Market Statistics January 2019
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RLP NRC 2018 Real Estate Market Report

Happy New Year and welcome to the 2019 real estate market. Our comprehensive market report for 2018 with over 15 areas across multiple regions including Niagara, Haldimand, and Hamilton. Contact one of our RLP NRC Team Members for additional information, advanced market analytics, and details on buying or selling a home in 2019. CLICK HERE TO OPEN  
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December 2018 Residential Statistics

December 2018 Residential Statistics  YEAR END are in! Housing prices are still on the rise, but unit sale have dropped compared to the whirlwind 2017. See the chart below for all the details, or click this link -> Monthly Market Trend – DECEMBER <- to view Monthly Market Trend charts.
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November 2018 Residential Market Statistics

November 2018 Residential Market Statistics November 2018 Residential Statistics are in! On average, unit sales are down across the Niagara and Hamilton regions, but prices have risen ever-so slightly. With 3.3 months of inventory, we are nearing a balanced market. St Catharines had a 10.9% decrease in unit sales and a 6.3% increase in average sale price. Niagara on the Lake, Niagara Falls, Thorold, Pelham, Welland, Port Colborne, Lincoln, West Lincoln, Dunnville, Hamilton, Ancaster and Stoney Creek all had a decrease in unit sales, but increase in average sale price. Fort Erie and Grimsby saw an increase in both unit
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Carriage Trade Luxury Market Report

                                                     ROYAL LEPAGE NRC REALTY CARRIAGE TRADE UPDATE   The Luxury Carriage Trade Real Estate Market In 2018 Carriage Trade Luxury transactions ($750,000+) dropped 22% year over year across the 14 area real estate markets.  The Non-Resident speculation tax, tougher mortgage/financing regulations, and overall slowdown in most markets have had a direct impact.  An increase in inventory has also provided luxury home buyers with more options in 2018. As we enter 2019 we expect this trend to continue in a balanced to buyers market.
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Residential Statistics – October 2018

Residential Statistics – October 2018 Check out this October’s Residential Market Statistics, and 12 Month Trend by Market. Regional sales are down, but average sale prices are up. With 3.7 months of supply in Niagara + Dunnville, and 3.0 months of supply in Hamilton, Stoney Creek and Ancaster, we are heading into a Buyer’s market.   St Catharines average sale price rose 6.3% and unit sales fell 12.3%. Niagara on the Lake saw a 32.8% drop in unit sales and a 5.2% decrease in average sale price. Niagara Falls’ average sale price increased 3.8% and unit sales fell 15%. Fort
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Royal LePage NRC Realty Real Estate Investor Update

              ROYAL LEPAGE NRC REALTY REAL ESTATE INVESTOR UPDATE   New Ontario Standardized Lease Agreement (Ontario) Most private residential leases in the province must use the standard lease template provided for all new leases.  Landlord and Tenant rights remain the same under the Residential Tenancies Act (2006) The Standardized Lease Agreement Can Be Found Here: bit.ly/2EaVDef Landlords must also provide the Brochure, “Information For New Tenants”. This Brochure Can Be Found Here: bit.ly/2Fiq7yN Rental Increase Guideline 2019 The Rental Increase Guideline for 2019 is 1.8% and applies to most private residential rentals covered under the Residential Tenancies Act. More Information
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September 2018 Residential Statistics

Check out this September Residential Market Statistics, and 12 Month Trend by Market. Regional sales are down, but average sale prices are up. With 3.6 months of supply in Niagara + Dunnville, and 2.8 months of supply in Hamilton, Stoney Creek and Ancaster, we are still in a Seller’s Market.     St Catharines average sale price rose 8.0% and unit sales fell 14.5%. Niagara on the Lake saw a 34.4% drop in unit sales and a 5.2% decrease in average sale price. Niagara Falls’ average sale price increased 2.8% and unit sales fell 15.4%. Fort Erie had a 0.6%
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July 2018 Residential Statistics

July 2018 Residential Statistics Check out this June’s Residential Market Statistics, and 12 Month Trend by Market. Regional sales down, but average sale prices rose slightly.  With 3.6 months of supply in Niagara + Dunnville, and 2.8 months of supply in Hamilton, Stoney Creek and Ancaster, we are heading towards a Balanced Market. St Catharines average sale price rose 7.7% and unit sales fell 17.4%. Niagara on the Lake saw a 42.8% drop in unit sales, and a -3.8% increase in average sale price. Niagara Falls’ average sale price rose 0.9% and unit sales fell 19.9%. Fort Erie had a
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June 2018 Residential Statistics

June 2018 Residential Statistics Check out this June’s Residential Market Statistics, and 12 Month Trend by Market. Regional sales down, but average sale prices rose slightly.  With 2.9 months of supply in Niagara + Dunnville, and 2.4 months of supply in Hamilton, Stoney Creek and Ancaster, we are heading towards a Balanced Market. St Catharines average sale price rose 5.1% and unit sales fell 19.6%. Niagara on the Lake saw a 47.1% drop in unit sales, and a 0.2 % increase in average sale price. Niagara Falls’ average sale price decreased 0.1% and unit sales fell 19.3%. Fort Erie had
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May 2018 Residential Statistics

May 2018 Residential Statistics Check out this May’s Residential Market Statistics, and 12 Month Trend by Market. Regional sales down, but average sale prices rose slightly.  With 3.6 months of supply in Niagara + Dunnville, and 2.8 months of supply in Hamilton, Stoney Creek and Ancaster, we are still in a Seller’s Market. St Catharines average sale price rose 5.1% and unit sales fell 21.3%. Niagara on the Lake saw a 52.2% drop in unit sales, and a 3.2% decrease in average sale price. Niagara Falls’ average sale price decreased 0.6% and unit sales fell 20.1%. Fort Erie had a
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April 2018 Residential Statistics

April 2018 Residential Statistics Check out this April’s Residential Market Statistics, and 12 Month Trend by Market. Regional sales down, but average sale prices rose slightly.  With 3.2 months of supply in Niagara + Dunnville, and 2.6 months of supply in Hamilton, Stoney Creek and Ancaster, we are still in a Seller’s Market. St Catharines average sale price rose 5.5% and unit sales fell 23.5%. Niagara on theLake saw a 51.5% drop in unit sales, and a 1.2% decrease in average sale price. Niagara Falls’ average sale price increased 1.2% and unit sales fell 26.3%. Fort Erie had a 26.3%
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March 2018 Regional Residential Statistics

March 2018 Regional Residential Statistics   Check out this March’s Residential Market Statistics, and 12 Month Trend by Market. Regional sales down, but average sale prices rose slightly.  With 3.1 months of supply in Niagara + Dunnville, and 2.4 months of supply in Hamilton, Stoney Creek and Ancaster, we are still in a Seller’s Market.   St Catharines average sale price rose 7.5% and unit sales fell 22.4%. Niagara on the Lake saw a 54.2% drop in unit sales, but a 2.2% increase in average sale price. Niagara Falls’ average sale price increased 3.3% and unit sales fell 25.9%. Fort
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February 2018 Regional Residential Statistics

February 2018 Regional Residential Statistics   Check out this February Residential Market Statistics, 12 Month Trend by Market. Regional sales are down, but average sale prices are up across the board. With 3 months of supply in Niagara + Dunnville, and 2.3 months of supply in Hamilton, Stoney Creek and Ancaster, we are still in a Seller’s Market.   St Catharines average sale price rose 9.5% and unit sales fell 20.5%. Niagara on the Lake saw a 45.2% drop in unit sales, but a 6.2% increase in average sale price. Niagara Falls’ average sale price increased 6.3% and unit sales
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January 2018 Regional Residential Statistics

January 2018 Regional Residential Statistics   Check out this January’s Residential Market Statistics, and Month Trend by Market. Regional unit sales are down but average sale prices are up! With 3.5 months of supply in Niagara + Dunnville, and 2.6 months of supply in Hamilton, Stoney Creek and Ancaster, we are still in a seller’s market.   St Catharines average sale price rose 11.3% and unit sales fell 23.0%. Niagara on the Lake saw a 60.0% drop in unit sales, and a 33.5% drop in average sale price. Niagara Falls’ average sale price increased 5.7% and unit sales fell 13.7%.
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December 2017 Regional Residential Statistics

December 2017 Regional Residential Statistics Check out this December’s Residential Market Statistics, 12 Month Trend by Market, and our year-end 10 Year Trend by Market. Regional unit sales are down, but average sale prices are up across the board. With 2 months of supply in Niagara + Dunnville, and 1.5 months of supply in Hamilton, Stoney Creek and Ancaster, we are still in a Seller’s Market.   St Catharines average sale price rose 21.8% and unit sales fell 9.9%. Niagara on the Lake saw a 19.0% drop in unit sales, but a 29.7% increase in average sale price. Niagara Falls’
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