March was a strong month, with increases complimenting the upward trend we are seeing in the market over the last few months. With the HPI benchmark price at $633,400, an increase of over 2% over last month, which is a positive sign for the market in Niagara; buyers are starting to be more aggressive as the time on the market has been reduced to 43 days from 54 days in January. If you're thinking of selling or buying a home or just have questions regarding the market call or text me, I'm always happy to chat. 905 321- 6165 | www.tracyphelan.com
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March Real Estate Market Update
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November Real Estate Market Update
As we're getting close to 2024, Niagara is still proving to be a great place to buy, sell and invest in Real Estate. "Niagara housing prices are holding strong with a slight decrease in price of less than 1% month over month and year over year. We also see an increase in sales and new listings year over year,” reports Niagara Association of REALTORS® President, Amy Layton. “This is a good sign which continues to show Niagara remains an attractive place to buy a home. A higher average days on market of 45.5 days from 37 days in October 2023 shows people…
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