"Niagara Real Estate Market Update - August 2024 Residential home sales activity recorded through the MLS® for the Niagara Association of REALTORS® (NAR) totaled 503 units in July 2024, compared to 522 July 2023. In July, the NAR listed 1345 residential properties compared to 1280 in July 2023. The average days it took to sell a home in July 2024 was 42 days, a 31.3% increase from July 2023. The MLS® Home Price Index (HPI), tracks price trends far more accurately than is possible using average or median price measures. The overall MLS® HPI composite benchmark price for the Niagara Region was $646,900 in…

Nestled between the vibrant cityscapes of Toronto and Hamilton and the tranquil beauty of nature's wonders like Niagara Falls, the Niagara region offers a unique blend of opportunities for real estate investors. With its rich history, booming tourism industry, and expanding local economy, Niagara is quickly becoming a real estate hotspot. Whether you're a seasoned investor looking to diversify your portfolio or a first-time investor seeking your initial property, Niagara has something to cater to your investment goals.

Niagara is experiencing a bit of a slower sales period during the beginning of the fourth quarter with more listings but less sales than last year,” reports Niagara Association of REALTORS® President, Amy Layton. “However, pent up demand is building in the region as people have begun to adjust to the higher cost of borrowing. We're continuing to see less of a gap year over year now than the sharper declines we saw in the third quarter of 2022.”   If you have any real estate questions or just want to chat about your home's current value. Give me a call I'm…

The Niagara Real Estate Market Report Year over Year - February 2023 vs February 2022 As forecasted, the Niagara Region has begun to spring back as month over month sales are up, the number of listings is up and the average days on market has decreased slightly. We can see as well that home values are holding steady at roughly the same as it was in January 2023. Looking back year over year, we will continue to see larger differences in these numbers as the market did not begin to level out until late in the second quarter of 2022. New…

Niagara Real Estate Stats stats below for November: The Niagara Real Estate Market Report Year over Year - November 2022 vs November 2021 New listings in the Niagara Region were 880 in November 2022 vs 751 in November 2021, which is a increase of 17.2% Residential home sales in Niagara totaled 335 homes in November 2022 compared to 669 in November 2021, which is a decrease of 49.9% ⬇️ The average HPI composite benchmark* price was $642,600 in November 2022, compared to $701,400 in November 2021, which is a decrease of 8.4% ⬇️ ⭐️The Niagara Real Estate Market Report Month to Month, November…