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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
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...
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