How did this month do compared to last year’s?
As mentioned in our previous Market Report, we are still seeing a continuation of the declining trend. Number of Sales in August 2022 are going down,but sale prices are still slightly going up compared to 2021.
In the Niagara Region as a whole, the number of sales have gone down by 38.2% for the month of August 2022, compared to August 2021.
The average sale price however, is still climbing, but slowing down. We have seen a 4.4% increase for the month of august 2022, compared to August 2021 for the entire Niagara Region.
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 August 2022!
PS: Text/call me any time if you have questions! 905-321-5050.