October Real Estate Market Update

Author: Tracy Phelan, Broker RE/MAX Garden City Realty Inc. Brokerage | | Categories: #Beamsville , #BuyingAHome , #Grimsby , #marketupdate , #Niagara , #NiagaraRegionRealtor , #NOTL , #RealEstateMarket , #SellingYourHome , #StCatharines , #Thorold , #TracyPhelan , #Welland , NiagaraRealEstate , Realtor

Blog by Tracy Phelan Broker RE/MAX Garden City Realty Inc. Brokerage

Niagara is experiencing a bit of a slower sales period during the beginning of the fourth quarter with more listings but less sales than last year,” reports Niagara Association of REALTORS® President, Amy Layton. “However, pent up demand is building in the region as people have begun to adjust to the higher cost of borrowing. We're continuing to see less of a gap year over year now than the sharper declines we saw in the third quarter of 2022.”  

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