We are now firmly in the Summer market and we are seeing the trend continue towards a more balanced market. Prices are still up over this time last year and inventory has increased with Niagara/Haldimand Regions having 3.4 months and Hamilton having 2.1 months. In Niagara/Haldimand Regions we saw Unit Sales decrease by 31% and the Average Sale Price increase by 20%. In Hamilton region it was a similar story with Unit Sales decreasing by 33% and the Average Sale Price increasing by 20%. The average rental price in all combined areas is over $2400/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: -37%
Average Sale Price: +13%
Niagara Falls
Unit Sales: -39%
Average Sale Price: +22%
Fort Erie
Unit Sales: -37%
Average Sale Price: +21%
St. Catharines
Unit Sales: -26%
Average Sale Price: +19%
Thorold
Unit Sales: -49%
Average Sale Price: +28%
Pelham
Unit Sales: -27%
Average Sale Price: +17%
Welland
Unit Sales: -29%
Average Sale Price: +20%
Port Colborne
Unit Sales: -15%
Average Sale Price: +10%
Lincoln
Unit Sales: -29%
Average Sale Price: +23%
West Lincoln
Unit Sales: -23%
Average Sale Price: +14%
Grimsby
Unit Sales: -27%
Average Sale Price: +21%
Dunnville
Unit Sales: -15%
Average Sale Price: +12%
Hamilton
Unit Sales: -33%
Average Sale Price: +21%
Ancaster
Unit Sales: -37%
Average Sale Price: 0%
Stoney Creek
Unit Sales: -36%
Average Sale Price: +20%
Glanbrook
Unit Sales: -33%
Average Sale Price: +17%
Click
here for more information on the July 2022 Residential Statistics
