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New Listings in Niagara up 21.4% in October

New Listings in Niagara up 21.4% in October

by Cathy Berkhout-Bosse | Nov 8, 2018 | Real Estate Market Update

The Niagara Association of REALTORS® (NAR) reported 570 property sales processed through the NAR Multiple Listing Service (MLS®) system in October. This represents a 1.2% decrease in sales compared to October of last year. The average days on market increased 10.3%...
RE/MAX 2018 Spring Market Trends Report

RE/MAX 2018 Spring Market Trends Report

by Cathy Berkhout-Bosse | Apr 15, 2018 | Housing News, Real Estate Market Update

A recent RE/MAX survey conducted by Leger found more than one in four Canadian homebuyers report feeling pinched by the stress test, which came into effect in January of this year. However, projections for the spring market show optimism with most markets expected to...
Niagara Market Report – March 2018

Niagara Market Report – March 2018

by Cathy Berkhout-Bosse | Apr 7, 2018 | Real Estate Market Update

With inventory levels slowly inching up we are beginning to see the average price beginning to stabilize. The total number of unit sales was down 30% in March with the Average Price shifting down .47% from $403,182 to $401,284. The total number of new listings was 933...
Local Real Estate Update – Still a Brisk Seller’s Market

Local Real Estate Update – Still a Brisk Seller’s Market

by Cathy Berkhout-Bosse | Mar 26, 2018 | Real Estate Market Update

As the first quarter of 2018 is drawing to a close we continue to experience the effects of an under supplied Seller’s Market. In the entry level price ranges multiple offers are the norm with sale prices surging $20,000 to sometimes $40,000 over list price....
Niagara Market Report – March 2018

January Market Update

by Cathy Berkhout-Bosse | Feb 18, 2018 | Housing News, Real Estate Market Update

As we draw closer to the Spring real estate market (it really is just around the corner!) we’re encouraged to see that although unit sales numbers are down average prices across Niagara are holding strong. The Niagara Association of REALTORS® (NAR) reported 371...
Niagara Market Report – March 2018

New Year’s Look Back at 2007-2017 Housing Cycle

by Cathy Berkhout-Bosse | Jan 19, 2018 | National Housing Reports, Real Estate Market Update

The calendar is a wonderful thing. When December ends and the new year begins, it feels like a fresh start. You have a whole year ahead of you to accomplish whatever goals you’ve set. Can you believe that it has been 10 long years since the global Financial Crisis of...
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