September Niagara Real Estate Market Update We are continuing to see a dip in sales this September 2023 compared to August 2023, but an increase in new listings up by 12% from August. The HPI Benchmark price has dipped a bit as well by 1.4% since last month, indicating a buyers’ market. As people get back into their life and school routines in September, this is expected. The last quarter of the year is usually busier as people are hoping to move before the holiday season and winter. October looks to be a great time for buyers as we have lots of inventory and…
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September Market Update
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Why You May Still Want To Sell Your House After All
Even though you may feel reluctant to sell your house because you don’t want to take on a mortgage rate that’s higher than the one you have now, there’s more to consider. While the financial side of things does matter, your personal needs may actually matter just as much. As an article from Bankrate says: “Deciding whether it’s the right time to sell your home is a very personal decision. There are numerous important questions to consider, both financial and lifestyle-based, before putting your home on the market.” So, ask yourself this: why do I want to move in the first place? Chances are your primary motivation isn’t just…
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Niagara Real Estate September Market Report
The Niagara Real Estate Market Report Month to Month, September 2022 vs August 2022 Our market in Niagara continues to soften. Although inventory is up, sales have slowed resulting in a continued reduction in overall average prices. It shows our average sale price is comparable to where we were a year ago. Check out the monthly stats below. New listings in the Niagara Region were 1177 in September 2022 vs 1095 in August 2022, which is a increase of 7.5% Residential home sales totaled 399 in September 2022 compared to 457 in August 2022, which is a decrease of 12.7%. The…
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