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