REAL ESTATE MARKETS ACROSS NIAGARA / HALDIMAND / HAMILTON ARE MAKING PROGRESS AS WE HEAD INTO SUMMER MONTHS.
WITH THE LATEST INTEREST RATE INCREASE WE EXPECT MORE INVENTORY TO HIT THE MARKET, BUYER’S CONTINUING TO NEGOTIATE A FAIR DEAL BASED ON MARKET / FINANCING CONDITIONS, AND SALES HOLDING OR GRADUALLY BUILDING.
IT IS IMPORTANT TO STRATEGIZE YOUR MOVE INTO OR UPWARDS IN THIS TYPE OF MARKET. EACH AREA AND SEGMENT VARY. FINANCING, INSPECTIONS, SALE OF PROPERTY, AMONG OTHER DUE DILIGENCE ARE VERY COMMON.
CONTACT YOUR LOCAL ROYAL LEPAGE NRC REALTOR FOR A “NO GIMMICK” HOME EVALUATION OR BUYER CONSULTATION TODAY.
Niagara-on-the-lake
Unit Sales: -25%
Average Sale Price: -16%
Niagara Falls
Unit Sales: -35%
Average Sale Price: -19%
Fort Erie
Unit Sales: -19%
Average Sale Price: -20%
St. Catharines
Unit Sales: -26%
Average Sale Price: -18%
Thorold
Unit Sales: -8%
Average Sale Price: -20%
Pelham
Unit Sales: -14%
Average Sale Price: -20%
Welland
Unit Sales: -22%
Average Sale Price: -15%
Port Colborne
Unit Sales: -21%
Average Sale Price: -21%
Lincoln
Unit Sales: -5%
Average Sale Price: -27%
West Lincoln
Unit Sales: -10%
Average Sale Price: -22%
Grimsby
Unit Sales: -19%
Average Sale Price: -19%
Dunnvlle
Unit Sales: -40%
Average Sale Price: -20%
Hamilton
Unit Sales: -27%
Average Sale Price: -17%
Ancaster
Unit Sales: -12%
Average Sale Price: -14%
Stoney Creek
Unit Sales: -23%
Average Sale Price: -20%
Glanbrook
Unit Sales: -10%
Average Sale Price: -20%
Click here for more information on the May 2023 Residential Statistics