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…