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February 2020 Residential Statistics

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Happy Spring!

The residential real estate market in Niagara, Hamilton and Haldimand is off to a great start! Niagara and Dunnville were up 24% in unit sales and 17% in average sale price with releatively low inventory in most markets. 

Hamilton has also had a great start to 2020 with unit sales being up 24% and average sale price being up 13%. The outlook is quite positive as we puch further along into 2020. The Bank of Canada has lowered interest rates by a 1/4 of a percentage point, which will only help make buying a house more attractive, so get ready for a great 2020.

 

Individual Market Stats

St. Catharines
Unit Sales: 11%
Average Sale Price: 16%

Niagara-on-the-lake
Unit Sales: 132%
Average Sale Price: 4%

Niagara Falls
Unit Sales: 44%
Average Sale Price: 10%

Fort Erie
Unit Sales: 9%
Average Sale Price: 21%

Thorold
Unit Sales: 17%
Average Sale Price: 17%

Pelham
Unit Sales: 9%
Average Sale Price: 29%

Welland
Unit Sales: 7%
Average Sale Price: 17%

Port Colborne
Unit Sales: 59%
Average Sale Price: 7%

Lincoln
Unit Sales: 78%
Average Sale Price: 29%

West Lincoln
Unit Sales: 29%
Average Sale Price: -16%

Grimsby
Unit Sales: 26%
Average Sale Price: 9%

Dunnville
Unit Sales: -29%
Average Sale Price: 32%

Hamilton
Unit Sales: 23%
Average Sale Price: 13%

Ancaster
Unit Sales: 46%
Average Sale Price: 9%

Stoney Creek
Unit Sales: 34%
Average Sale Price: 14%

Glanbrook
Unit Sales: -15%
Average Sale Price: 5%