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June 2022 Residential Statistics

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This summer sees the market inching closer towards a 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 28% and the Average Sale Price increase by 22%.  In Hamilton region it was a similar story with Unit Sales decreasing by 33% and the Average Sale Price increasing by 21%.  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: -33%
Average Sale Price: +15%
 
Niagara Falls
 
Unit Sales: -36%
Average Sale Price: +25%
 
Fort Erie
 
Unit Sales: -34%
Average Sale Price: +23%
 
St. Catharines
 
Unit Sales: -22%
Average Sale Price: +20%
 
Thorold
 
Unit Sales: -47%
Average Sale Price: +31%
 
Pelham
 
Unit Sales: -21%
Average Sale Price: +19%
 
Welland
 
Unit Sales: -27%
Average Sale Price: +22%
 
Port Colborne
 
Unit Sales: -8%
Average Sale Price: +14%
 
Lincoln
 
Unit Sales: -28%
Average Sale Price: +27%
 
West Lincoln
 
Unit Sales: -24%
Average Sale Price: +17%
 
Grimsby
 
Unit Sales: -26%
Average Sale Price: +22%
 
Dunnville
 
Unit Sales: -16%
Average Sale Price: +15%
 
Hamilton
 
Unit Sales: -32%
Average Sale Price: +22%
 
Ancaster
 
Unit Sales: -35%
Average Sale Price: +19%
 
Stoney Creek
 
Unit Sales: -35%
Average Sale Price: +22%
 
Glanbrook
 
Unit Sales: -32%
Average Sale Price: +20%
 
Click here for more information on the June 2022 Residential Statistics