Real Estate Numbers for November 2020 are in…

The winds of November ushered in a new season. A few stormy nights, Black Friday and record-high online shopping on Cyber Monday in preparation for December and the Holiday Season kept many of us busy.

We also wondered if the Presidential Election in the US would harm the real estate and financial markets.

There is a chill in the air but that does not mean the real estate market has cooled off!What happened in real estate? What did the market look like? And how did we do compared to November of last year?

When we compare the stats for the Niagara Region to last year, we can see a 20% increase in the number of sales AND a price increase of 19%!  Considering the fact that we are still dealing with a COVID-19 crisis, the real estate market remains strong.

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