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