Real Estate Market Stats for April 2022

How did April 2022 do compared to April 2021?

We can see the market is still changing compared to last year.

For example, the number of new listings in the Niagara Region have increased with 4.3% for April 2022 compared to April 2021.
The number of sales for the same period has decreased with 34.7%. However: the average sale price for the month of April 2022 has increased with 26.6%, compared to April 2021!

It is very important to understand how to navigate these changes in order to be a successful seller or buyer!

We offer you our experience and expertise to help you navigate these restless waters. Remember that as your Realtors, we are always on your team!!

Now: let’s have a look at the Real Estate numbers for April 2022 and see how your municipality did compared to April last year!

 

Text/call me any time if you have questions! 905-321-5050.

T.

 

Happy Earth Day!

These last two years we have heard the phrase ‘we are all in this together’ many times and I would like to add that it also applies to taking care of our planet!
After all, this is our world, this is where we live. And a beautiful world it is!! You may wonder how Real Estate and Earth conservation are connected.
They certainly can be! How? Let me share some interesting tips with you!

 

Give your old items a second chance!

Moving always requires packing up and sorting through all your belongings.

Oftentimes, furniture is left at the curb for our garbage collectors to pick up.

This means stuff will end up as landfill, while a lot of things we consider no longer useful, could serve a purpose for someone else!

When you are moving, or buying new furniture, lamps, curtains, etc, consider contacting the Niagara Furniture Bank.

They help those who are (temporarily) experiencing hardship. Your furniture and household items may be helping them out!

Recycling is always better than landfill. Visit their WEBSITE for more information!

Sustainability in your home and garden!

There is also a lot you can do in your home to save the environment.

Some of it you may already be doing, but perhaps

THIS ARTICLE can give you some more ideas on how to save the environment and your money at the same time!

HERE is another great page with lots of tips on how to be a wiser consumer and home owner!

 

 

 

 

Garden tips.

Consider updating your garden, making it more eco-friendly.

There are several ways you might be able to do this.

If you are getting ready to replace a deck, perhaps choose different materials for building.

Consider recycling materials.

THIS WEBSITE offers 13 great ideas!

 

 

 

 

Bee good to our bees!

An important visitor in our gardens, is the Bee.

We know that bees play a key role in our eco system and that they have been struggling for years.

There are ways we can help these little guys and I would like to share two ideas with you!

Consider adding a BEE BATH to your garden. It is very easy to make yourself and the bees will benefit greatly from it!

 

 

 

 

 

Make the bees feel at home in  your yard!

Another great thing to have is a BEE HOTEL!

It is important to do it right though! You can easily enough create one yourself or even buy a bee hotel.

But make sure to read up on it because the wrong kind can do more harm than good.

If you invest a little bit of time, you can be a bee hotel expert and help our bee population.

 

 

 

 

And of course…. I am here for you regarding everything Real Estate!

  • Looking for more energy saving tips?
  • Thinking about listing or buying?
  • Wondering what the market is doing right now?

Text or call me! I am here for you!

1-905-321-5050

 

Happy Easter!

HAPPY EASTER EVERYONE!!

There is a lot of fun stuff to do this weekend in the Niagara Region!

Easter Egg hunts are back, don’t miss out on them!

Be sure to check out THIS LINK to see where all the fun is taking place!

So where exactly does our Easter Egg and Easter Bunny tradition come from?? READ HERE and HERE to find out more about their interesting origins!

 

Real Estate Market Stats for March 2022

We can see the market is shifting a little bit over the last several weeks. It is very important to understand how to navigate these changes in order to be a successful seller or buyer!
Interest rates are rising and so is inflation; and to top it off: after having to deal with a pandemic for two years, other world issues are still playing a big role, creating uncertainties.
We offer you our experience and expertise to help you navigate these restless waters.
Remember that as your Realtor, we are always on your team!!

 

Now: let’s have a look at the Real Estate numbers for March 2022 and see how your municipality did compared to March last year!

 

Text/call me any time if you have questions! 905-321-5050.
T.

Real Estate Market STATS for February 2022

Does February look anything like the first month of this year??
Let’s look at some numbers!!
We can still see a steady increase in the HPI benchmark prices for the month of February! As a matter of fact, that increase is almost the same percentage as in January! Where January showed a 33.4% price increase, February continues with 33.3%!
Although the demand still is higher than the supply, we do see an increase in the number of sales in several municipalities! For example: where St. Catharines still showed a decrease in the number of sales in January (25.5%), we now see an increase in the number of sales for February: 12%.
What does all of this mean? It means that as a buyer you still will likely be in competition with other buyers to purchase, while sellers sit back and enjoy another year of bidding wars on their homes. However: the market does seem to be shifting a bit.
T.
Attention Sellers!! – If you received a market evaluation from us on your property/properties going back to at least 2016 when the market here in Niagara really started to take off, we strongly suggest you consider getting another one!! Most residential real estate since that time has seen an appreciation of anywhere from 70 to 120%!! Seems unbelievable but true! Call me today to discuss!

1-905-321-5050

PS: Remember The Salisbury Team is always here for you!

How Did YOUR Municipality Perform?? Let’s look at some numbers!!

 

Did You Sell Your Home in 2021? Please Read This!

If you have sold a house in 2021 the Canada Revenue Agency (CRA) has some information for you! The global pandemic has also resulted in changes to CRA services. I hope that this information is helpful.

Now is a good time to report the sale of your principal residence. Before 2016, if you sold your property, and it was your principal residence for every year you owned it, you did not have to report the sale to claim the principal residence exemption. Now you do!


The CRA advises you to amend your tax return as soon as possible for any year in which you forgot to report. They are getting tougher with people when it comes to reporting the routine sale of their home, even when there is zero tax owing. You can click on the flag or HERE to be linked to the CRA Real Estate Site.

COVID-19 has impacted our lives in so many ways and still is. There have also been many changes made to how the Canadian Revenue Agency is handling tax filing and benefits. Updates on changes to the Canada Revenue Agency services, due dates and programs affected by the pandemic are available on their website and by contacting your accountant.

Stay Safe!

T.

Real Estate Market STATS for January 2022

How did 2022 kick off? Are we continuing the trend of last year decreasing listings and increasing sale prices?
What does the first month of the new year look like??
Let’s look at some numbers!!
In the Niagara Region we continue to see a steady increase in benchmark sale prices! The increase is 33.4% for the Niagara Region as a whole.
This means that if you bought a property in 2021 for e.g. $500,00, it could now sell for as much as $667,000 based on the current benchmark price %!
While most municipals still show a decrease in the number of listings, Fort Erie shows an actual increase of 9% and Port Colborne a whopping 66.6%!!!

 

What does all of this mean? It means that as a buyer you will likely be in competition with other buyers to purchase, while sellers sit back and enjoy another year of bidding wars on their homes.
What does all of this mean? It means that as a buyer you will likely be in competition with other buyers to purchase, while sellers sit back and enjoy another year of bidding wars on their homes.

 

Attention Sellers!! – If you received a market evaluation from us on your property/properties going back to at least 2016 when the market here in Niagara really started to take off, we strongly suggest you consider getting another one!! Most residential real estate since that time has seen an appreciation of anywhere from 70 to 120%!! Seems unbelievable but true! Call me today to discuss!

1-905-321-5050

PS: Remember The Salisbury Team is always here for you!

How Did YOUR Municipality Perform?? Let’s look at some numbers!!

 

Happy Valentine’s Day!

“Anyone can catch your eye, but it takes someone special to catch your heart.” – Anonymous.

Valentines Day is a great time to do something special for ALL our loved ones, whether it’s for your partner, spouse, friend or your secret love!
Make it a special day!!
T.

 

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