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February 2022 Residential Statistics

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We are now 2 months in to 2022 and the real estate market is still not showing any since of slowing.  Prices are still increasing and inventory is still low. In Niagara/Haldimand Regions we saw Unit Sales decrease by 10% and the Average Sale Price increase by 27%.  In Hamilton region it was a similar story with Unit Sales decreasing by 3% and the Average Sale Price increasing by 34%.  The average rental price in all combined areas is over $2300/month and many new home/condo projects are well on their way across the peninsula.  Our team of full service REALTORS® are ready to assist you in 2022 with all your real estate needs.  We specialize in Resale, New Homes, Investment Properties, Commercial Properties, and Leasing.

Niagara-on-the-lake
 
Unit Sales: -32%
Average Sale Price: +11%
 
Niagara Falls
 
Unit Sales: -20%
Average Sale Price: +28%
 
Fort Erie
 
Unit Sale: +21%
Average Sale Price: +26%
 
St. Catharines
 
Unit Sales: -4%
Average Sale Price: +29%
 
Thorold
 
Unit Sale: -44%
Average Sale Price: +55%
 
Pelham
 
Unit Sales: -7%
Average Sale Price: +22%
 
Welland
 
Unit Sales: -5%
Average Sale Price: +34%
 
Port Colborne
 
Unit Sale: +43%
Average Sale Price: +35%
 
Lincoln
 
Unit Sales: -14%
Average Sale Price: +34%
 
West Lincoln
 
Unit Sales: no change
Average Sale Price: +49%
 
Grimsby
 
Unit Sales: -27%
Average Sale Price: +33%
 
Dunnville
 
Unit Sales: +25%
Average Sale Price: +24%
 
Hamilton
 
Unit Sales: -7%
Average Sale Price: +34%
 
Ancaster
 
Unit Sales: +24%
Average Sale Price: +27%
 
Stoney Creek
 
Unit Sales: -6%
Average Sale Price: +35%
 
Glanbrook
 
Unit Sales: +13%
Average Sale Price: +29%
 
Click here for more information on the February 2022 Residential Statistics