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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 supply...
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
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
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
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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