“The Market is starting to change, and that is evident with the number of sales in January that increased not only month over month but also year over year, looking back at Jan 2023.“ reports Niagara Association of REALTORS® President, Nathan Morrissette.   We can all see with the sales activity increased and the average days on Market reduced, it could make for an interesting year ahead, especially with the HPI Benchmark price holding steady, which is why it is so important for those thinking about buying or selling this year to contact their local Niagara REALTOR® now.  You want to be…

Why Putting Off Listing Until Spring Could Actually Cost You Money Are you thinking of selling your home and don’t want to wait until the housing market starts to heat up this year? The conventional, traditional wisdom would warn you off. The housing market doesn’t really heat up until summer, or so the experts in the housing market would say. They would also say something like, “People don’t really want to buy homes while the weather is still bad and listing your home in the winter just makes you look desperate.” It may well be conventional wisdom, and while it does come from years…

Are You Concerned About the Changing Real Estate Market? If you’re thinking about selling your house, you’re likely hearing about the cooling housing market and wondering what that means for you. While it’s not the peak intensity we saw during the pandemic, we’re still in a sellers’ market. That means you haven’t missed your window. Realtor.com explains: “. . . while prospective home sellers may regret that they missed their prime window, in reality, this is still a terrific time to sell. In fact, according to a recent Realtor.com® home seller survey, 95% of sellers who sold their home in the…

The Niagara Real Estate Market Report Month to Month, October 2022 vs September 2022 Month over Month, Niagara real estate has shown a small decrease in the benchmark price. The number of unit sales is slightly higher when compared to last month. This may be an indication of a trend towards stable pricing and sales in Niagara. Check out the monthly stats below: New listings in the Niagara Region were 1038 in October 2022 vs 1177 in September 2022, which is a decrease of 11.8% Residential home sales totaled 410 in October 2022 compared to 399 in September 2022, which is…

7 Reasons To Sell Your Home In Fall And Winter     After a Spring/Summer as unprecedented as this year, a lot of sellers held off listing their homes, and now that winter is around the corner they are asking: is it worth it to list now or should we wait until spring? While we can try to forecast future markets, one thing we know for sure is that the market is still strong – properties are still selling. This Spring/Summer left many people wanting as there were fewer listing available. There are a number of reasons why I recommend to clients that they list their homes…

Check out how the Niagara real estate market compares to one year ago! The Niagara Real Estate Market Report Year vs Year, January 2021 vs January 2022 Residential home sales totaled 504 in January 2021 compared to 454 in January 2022, which is a Decrease of 9.9%. The Number of new listings reported was 616 in January 2021 compared to 529 in January 2022 which is a decrease of inventory by 14.1% The average HPI composite benchmark* price was $561,200 In January 2021, compared to $748,800 in January 2022, which is an increase of 33.4%. Niagara housing market expected to remain…

Typically, it’s easy to make your house look attractive when flowers are blooming, the sun is shining or the leaves are changing colour. But how do you make your property look great during the cold months? We asked the RE/MAX Influencers—a panel consisting of RE/MAX Sales Associates from throughout Canada—for their top Winter Curb Appeal Tips. Below are their top responses. 1 – Sweep the Leaves, Shovel the Snow A driveway with a thick layer of snow is much less inviting than a clear pathway leading to the front door of a home. Sweeping leaves and shovelling snow is incredibly important to make your…

The Niagara Real Estate Market Report month to month, December 2021 vs November 2021 Residential home sales totaled 473 in December 2021 compared to 669 in November 2021, which is a Decrease of 29.3%. The Number of new listings reported was 403 in December 2021 compared to 751 in November 2021 which is a decrease of inventory by 46.3% The average HPI composite benchmark* price was $720,200 In December 2021, compared to $679,400 in November 2021, which is an increase of 6%. Niagara housing market expected to remain hot in 2022!! If you have any questions regarding the market or looking…