2021 at a Glance…..What Happened to real estate??!!

Where did people buy

Here is a breakdown of where people purchased in the Niagara region.

10 Year Price Average

Real Estate is always a good investment, but how good?

Sales By Price

So, how many homes actually sold over $1M? Here is a breakdown by price point.

Inventory

Supply and demand….we have a lot of demand and historically low supply. One of the biggest reasons for huge price appreciation.

The Art Of The Statistic

Statistics have their place, but they are only a guideline for measuring information. Remember – Real Estate is LOCAL (sometimes down to the neighbourhood). Quick stats are in the video, full report is below the video.

Lack of Inventory will continue to drive pricing upwards.

Interest rates are expected to increase this year which will further affect affordability. Strategies are needed and risk needs to be managed. I can help.

2021 Market Report

Click here to download an in-depth report on Niagara housing activity in 2021. Brought to you by Royal LePage NRC Realty

Don't want to wade through the pages of information? Just send me an email, let me know what you want to know and I will do some analysis for you: ahiggins@royallepage.ca

I Am Accessible

Angela Higgins

REALTOR®

Direct: 905-401-2244

Office: 905 357 3000

ahiggins@royallepage.ca

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