Archives for Real Estate News

January 2018 Regional Residential Statistics

January 2018 Regional Residential Statistics   Check out this January’s Residential Market Statistics, and Month Trend by Market. Regional unit sales are down but average sale prices are up! With 3.5 months of supply in Niagara + Dunnville, and 2.6 months of supply in Hamilton, Stoney Creek and Ancaster, we are still in a seller’s market.   St Catharines average sale price rose 11.3% and unit sales fell 23.0%. Niagara on the Lake saw a 60.0% drop in unit sales, and a 33.5% drop in average sale price. Niagara Falls’ average sale price increased 5.7% and unit sales fell 13.7%.
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December 2017 Regional Residential Statistics

December 2017 Regional Residential Statistics Check out this December’s Residential Market Statistics, 12 Month Trend by Market, and our year-end 10 Year Trend by Market. Regional unit sales are down, but average sale prices are up across the board. With 2 months of supply in Niagara + Dunnville, and 1.5 months of supply in Hamilton, Stoney Creek and Ancaster, we are still in a Seller’s Market.   St Catharines average sale price rose 21.8% and unit sales fell 9.9%. Niagara on the Lake saw a 19.0% drop in unit sales, but a 29.7% increase in average sale price. Niagara Falls’
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November 2017 Regional Residential Statistics

November 2017 Regional Residential Statistics Check out this November’s Regional Residential Statistics, RLP Market Updates, and Monthly Trend by Market. Year to date, unit sales are down 13.2% across the region, but average sales price rose 20.2%. With 2.4 months of supply, we are heading back into a balanced market.      Niagara on the Lake’s average sale price soared to 29.9% YTD, while unit sales fell 19.6%.      Niagara Falls saw a 22.7% decrease in unit sales, and a 16.4% increase in average sale price.      Fort Erie’s average sale price rose 27.3%, and unit sales fell
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October 2017 Regional Residential Statistics

October 2017 Regional Residential Statistics Check out this October’s Regional Residential Statistics, RLP Market Update, and Monthly Trend By Market. Regional sales are down 12.8%, but average sales prices across the region have increased 22.8%. With 2.2 months of supply, we are heading back into a balanced market.      St Catharines’ average sale price rose to 23.9% year-to-date, and total unit sales fell 7.8%      Niagara-on-the-lake saw a -18% decrease in unit sales, but a 30.9% increase in average sale price.      Niagara Falls unit sales decreased 22.7%, but overall sales price increased 15.9%      Thorold
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September 2017 Regional Residential Statistics

September 2017 Regional Residential Statistics Check out this September’s Regional Residential Statistics, RLP Market Update, and Regional Update Residential Stats. Regional sales are down 16%, but average sales prices across the region have increased 24%. With 2.6 months of supply, we are heading back into a balanced market.      St Catharines’ average sale price soared to 33.5% year-to-date, and total unit sales only fell 5.7%      Niagara-on-the-lake saw a -16.7% decrease in unit sales, but a 33% increase in average sale price.      Niagara Falls unit sales decreased 23.3%, but overall sales price increased 17.1%    
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August 2017 Regional Residential Statistics

Check out this August’s Regional Residential Statistics, RLP Market Update, and Regional Update Residential Stats August 2017 RLP Market Update August 2017 August Facebook Info The post August 2017 Regional Residential Statistics appeared first on Royal LePage Niagara Realty.
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July 2017 Regional Residential Statistics

Check out this July’s Regional Residential Statistics,, RLP Market Update and, Regional Update Residential Stats   Residential Stats July 2017 RLP Market Update July 2017 July Facebook Info   The post July 2017 Regional Residential Statistics appeared first on Royal LePage Niagara Realty.
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Royal LePage Regional Update – June 2017

The real estate market in the Niagara & Haldimand regions continues to be very strong.  1312 residential listings went on the market in June compared to 1419 in May.  Unit Sales decreased slightly by 2.5% year to date compared to last year but overall a busy month.  Prices remain balanced month over month and up year to date an incredible 28.9%.  Average Days on Market is 25 and months of supply moved from 1.4 to 1.8  (how many months it would take to sell all active listings at end of June).  All indicators represent a gradual move from the Strong
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Royal LePage Regional Update – May 2017

1419 residential properties were listed in May 2017 representing an increase of 30% over April.  Unit Sales are not slowing down as we head into summer months, up 15.6% over last month and closely inline with 2016 year to date figures.  The average sale price is currently $408,449 or an increase of 30% over the same period last year.  1131 listings remained active at the end of May which represents 1.4 months of inventory based on current demand.  We are still very much in a Sellers’ Market however the increase in inventory and average sale prices holding firm month to
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January 2017 Regional Residential Statistics

Check out this January’s Regional Residential Statistics Residential Stats Jan 2017 RLP Market Update JAN 2017 January Facebook Info The post January 2017 Regional Residential Statistics appeared first on Royal LePage Niagara Realty.
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