by Cathy Berkhout-Bosse | Dec 12, 2018 | Real Estate Market Update
The Niagara Association of REALTORS® (NAR) reported 600 property sales processed through the NAR Multiple Listing Service (MLS®) system in November. This represents a 2.7% increase in sales compared to November of last year. In Pelham and Welland, unit sales for the...
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%...
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...
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...
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....
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...