905-892-8920         info@teambb.ca   

Market Report: 2020 Year in Review

Residential home sales activity recorded through the MLS® system for The Niagara Association of REALTORS® (NAR) totaled 7929 units in  2020. This was an increase of 14% from December 2019.

Happy New Year!! The dream of a lifestyle change paired with affordability played a strong role in moving the 12-Month Average Price in Niagara up a whopping 21.8% - reaching $544,343 at year end 2020 compared to $446,915 in December 2019.

We are firmly planted in a Sellers Market with multiple offers, due to lower supply and higher demand from buyers seeking home ownership and investments.

We anticipate continued strong spring market activity. If you are considering a move, please give us a call 905-892-8920 or reach out via email: info@TeamBB.ca

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