Real Estate Market STATS for October 2021

Real Estate Numbers for October 2021 are in…

Buyer demand is still high and with so few homes available, Sellers who list their homes this Fall will likely have a tremendous advantage also know as leverage. Buyers want to buy before prices go even higher, they want to buy before interest rates rise, and in the likely event of having to compete with other Offers, they want their Offer accepted.
These three Buyer needs give homeowners a leg up when selling their house. Seller might already realize this leverage enables them to sell at a good price, but it also means they can negotiate the best terms to suit your needs.
Whether buying or selling, the more that 1400 members or the Niagara Association of REALTORS® are here to help; they have the market knowledge, the answers to questions, are skilled negotiators, and are ready to assist in all stages of the buying and selling process.” Said Doug Rempel, President of the Niagara Association of REALTORS®.

The Housing Market continues to perform well!

When we compare the stats for the Niagara Region to October of last year, we see a 13.6% decrease in the number of sales AND an HPI benchmark price increase of 33.4% to $679,400!
If you ever see any sales or listings that you are curious about in your neighbourhood, just ASK and I’ll look it up!
 

How Did YOUR Municipality Perform??

Let’s look at some numbers!!
T.
PS: Remember The Salisbury Team is always here for you!
     
Real Estate Market STATS for September 2021

Real Estate Market STATS for September 2021

Real Estate Numbers for September 2021 are in…

We are beginning to see a “settling” in the market with a slight increase in the average home prices in Niagara by 1.2% as compared to last month.
This may lead to us starting to see some opportunities for buyers this fall. Having said that, our sellers are still getting mind-blowing prices for their homes!

Compared to September 2020, there is a decrease of 14% in the number of new listings in the Niagara Region and the average number of days on the market is 22 for September 2021 as compared to 40 in September of 2020!!

 

The Housing Market continues to perform well!

When we compare the stats for the Niagara Region to September of last year, we can see a 22.6% decrease in the number of sales AND an HPI benchmark price increase of 33.8% to $665,600!
If you ever see any sales or listings that you are curious about in your neighbourhood, just ASK and I’ll look it up!

 

How Did YOUR Municipality Perform??

Let’s look at some numbers!!
T.
PS: Remember The Salisbury Team is always here for you!

 

 

 

Real Estate Market STATS for August 2021

Real Estate Market STATS for August 2021

Real Estate Numbers for August 2021 are in…

We are beginning to see a “slow shift” in the market with a slight decrease in the average home prices in Niagara by 0.8% as compared to last month.
This may present some opportunities for buyers as we head into fall.

Compared to August 2020, there is a decrease of -24% in the number of new listings in the Niagara Region and the average days on the market was 20 for August 2020 and remains the same for August 2021!!

 

The Housing Market continues to perform well!

When we compare the stats for the Niagara Region to August of last year, we see a 24% decrease in the number of sales AND an HPI benchmark price increase of 34% to $657,400!
If you ever see any sales or listings that you are curious about in your neighbourhood, just ASK and I’ll look it up!

 

How Did YOUR Municipality Perform??

Let’s look at some numbers!!
T.
PS: Remember The Salisbury Team is always here for you!

 

 

 

Real Estate Market STATS for July 2021

Real Estate Market STATS for July 2021

Real Estate Numbers for July 2021 are in…

We are beginning to see a “slow shift” in the market with a slight decrease in the average home prices in Niagara by 0.5% as compared to last month.
This may present some opportunities for buyers as we head into fall.

Compared to July 2020, there is a decrease of -16% in the number of new listings in the Niagara Region and the average days on the market is 20 for July 2021 vs 40 in July 2020!!

 

The Housing Market continues to perform well!

When we compare the stats for the Niagara Region to June of last year, we can see a 16% decrease in the number of sales AND an HPI benchmark price increase of 36% to $652.200!
If you ever see any sales or listings that you are curious about in your neighbourhood, just ASK and I’ll look it up!

 

How Did YOUR Municipality Perform??

Let’s look at some numbers!!
T.
PS: Remember The Salisbury Team is always here for you!

 

 

 

Real Estate Market STATS for June 2021

Real Estate Market STATS for June 2021

Real Estate Numbers for June 2021 are in…

Our sellers are getting mind-blowing prices for their homes!
So, what happened in real estate last month? What did the market look like? And how did we do compared to this time last year? According to a recent analysis reported by the CBC, there is “Plenty of room for house prices in Canada to rise as interest rates stay low”

Compared to June 2020, there is an increase of 4% in the number of new listings in the Niagara Region and the average days on the market is 18 for June 2021 vs 41 in June 2020!!

 

The Housing Market continues to perform well!

When we compare the stats for the Niagara Region to June of last year, we can see a 13% increase in the number of sales AND an HPI benchmark price increase of 40% to $655,000!
Considering the fact that we are still dealing with the COVID-19 crisis, the real estate market remains strong!
If you ever see any sales or listings that you are curious about in your neighbourhood, just ASK and I’ll look it up!

 

How Did YOUR Municipality Perform??

Let’s look at some numbers!!
T.
PS: Remember The Salisbury Team is always here for you!

 

May Market Statistics!

May Market Statistics!

Is There A Housing Bubble…

“When will the housing bubble break?” – a question we hear repeatedly; the answer is, there is no bubble only a significant shortage of inventory, a pent-up Buyer demand, and record low Mortgage rates; three factors which continue the upward pressure on housing prices.” Said Doug Rempel, President of the Niagara Association of REALTORS®.

Why is there such a large jump in sales compared to last year?

The MLS® Home Price Index (HPI), tracks price trends far more accurately than is possible using average or median price measures and also tracks the actual number of sales within each month. With the announcement of the global pandemic in March 2020 came a virtual halt to real estate sales from March to May of 2020. The real estate market is seeing more sales as compared to last month even with record low inventory levels.

So, let’s take a look at how Niagara and your municipality performed compared to May of 2020!

Stay safe!

T.

If you ever see any sales or listings that you are curious about in the neighbourhood, just ASK and I’ll look it up!
Remember The Salisbury Team is always here for you!

Happy Mother’s Day 💐

Happy Mother’s Day 💐

Wishing All Kinds of Mother’s a Special Day!

The meaning of Mother is virtually endless. A mother is a protector, disciplinarian and friend. A mother is a selfless, loving human who must sacrifice many of their wants and needs for the wants and needs of their children. A mother works hard to make sure their child is equipped with the knowledge, skills and abilities to make it as a competent human being.

Some Mother’s Day Facts:

Did you know that in the vast majority of the world’s languages, the word for “mother” begins with the letter M?

The oldest woman to deliver a baby was recorded on April 9, 2003. Her name is, Satyabhama Mahapatra, and is a 65-year-old retired schoolteacher in India. She gave birth to a baby boy, which was her first child after 50 years of marriage and the eggs were donated by her 26 year-old niece.

More Recently, on May 4 2021, Halima Cisse, 25, gave birth by C-section to 9 babies, 5 Girls and 4 Boys!! They only could count 7 during previous ultrasounds.

For more fun Mother’s Day facts click here!

 

Stay Safe,

T.

April Market Statistics!

April Market Statistics!

The Impact of COVID on Real Estate Statistics…

“The April 2020 to April 2021 comparison emphasizes the negative impact Ontario’s first COVID lock-down had on the Provinces economy including Niagara but also shines a light on market’s dramatic recovery and the desirability of Niagara Region as a place to call home.” Said Doug Rempel, President of the Niagara Association of REALTORS®.

Why is there such a large jump in sales compared to last year?

The MLS® Home Price Index (HPI), tracks price trends far more accurately than is possible using average or median price measures and also tracks the actual number of sales within each month. With the announcement of the global pandemic in March 2020 came a virtual halt to real estate sales from March to May of 2020. The real estate market is seeing more sales as compared to last month even with record low inventory levels.

So, let’s take a look at how Niagara and your municipality performed compared to April of 2020!

Stay safe!

T.

If you have been wanting to contact us but are concerned about the impact of COVID-19, please know that we are doing all we can to keep our clients safe and that almost all of our services can be provided virtually.

 

 

March Market Statistics!

March Market Statistics!

Current Statistics Indicate A Strong Sellers Market…

“The spring market is here as evidenced by the brisk sales numbers in March. We are seeing a continued influx of buyers who are able to work remotely and families looking to move from attached units to detached properties coming to Niagara. Although supply has also increased, demand has outpaced it.” Said Terri McCallum, President of the Niagara Association of REALTORS®.

Why is there such a large jump in sales compared to last year?

The MLS® Home Price Index (HPI), tracks price trends far more accurately than is possible using average or median price measures and also tracks the actual number of sales within each month. With the announcement of the global pandemic in March 2020 came a virtual halt to real estate sales from March to May of 2020. The real estate market is seeing more sales as compared to last month even with record low inventory levels.

Is Now The Time To Sell?

Our sellers are getting mind-blowing prices for their homes! If you had thought of downsizing in the next 1-5 years, now may be the time to re-evaluate your plan. It can seem so overwhelming and a bit intimidating. The Expertise of The Salisbury Team has tried and true systems in place to help you navigate this ever changing market. I can offer helpful guidance based on you needs and ideas! Give me a call…

So, let’s take a look at how Niagara and your municipality performed compared to March of 2020!

Stay safe!

T.

If you have been wanting to contact us but are concerned about the impact of COVID-19, please know that we are doing all we can to keep our clients safe and that almost all of our services can be provided virtually.

 

 

Happy Easter!!

Happy Easter!!

It is starting to warm up and signs of spring are everywhere! Crocuses and daffodils are blooming, the grass is beginning to grow and the days are getting longer.

It just might be time to get out the golf clubs!

 

Easter 2021 – Another Covid Modified Holiday!

 

Last Easter, as we cancelled the usual easter traditions, I would never have guessed that we would be celebrating another Easter Weekend under strict COVID protocols. Many of the usual celebrations and Easer Egg Hunts have been cancelled, however some creative people have come up with ways to safely create new versions of long held traditions.

Check out this Link to 2021 Easter in Niagara!

 

 

Why Does the Date of Easter Change Every Year?

Easter, also called Resurrection Day and Pascha, is a Christian holiday celebrating Jesus Christ returning from the dead. Christians believe that it is the holiest day in the year. Some people who are not Christians celebrate it as a cultural holiday.

 

Easter is not held on the same date every year. This is called a moveable feast. Currently all Christian churches agree on how the date is calculated. Easter is celebrated on the first Sunday following the first full moon which is on or after March 21st. This means it is celebrated in March or April.

 

Here is a Link to Everything Easter on Wikipedia!

 

 

I hope you enjoy this Easter long weekend!!

Stay Safe,

T.

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