April 2024 Residential Statistics

April 2024 Residential Statistics

Niagara’s real estate market is experiencing a notable upturn with a 7% increase in unit sales. Despite this surge, the average sale price remains stable, showing no significant change. However, with 4.7 months of inventory available, there’s a balanced...
February 2024 Residential Statistics

February 2024 Residential Statistics

In February, the Niagara Region’s real estate market saw a significant uptick, with unit sales surging by 17%. Despite this robust activity, the average sale price experienced a modest increase of 1%. Inventory remained relatively stable, with 4.4 months of...
January 2024 Residential Statistics

January 2024 Residential Statistics

As the new year commences, Niagara’s real estate market displays positive indicators. Unit sales have risen by a notable 21%. The average sale price has increased by 4%, reflecting steady growth. With 4.1 months of inventory, the market maintains a balanced...
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...