Real Estate Blog

Residential Statistics – October 2018

Residential Statistics – October 2018 Check out this October’s Residential Market Statistics, and 12 Month Trend by Market. Regional sales are down, but average sale prices are up. With 3.7 months of supply in Niagara + Dunnville, and 3.0 months of supply in Hamilton, Stoney Creek and Ancaster, we are heading into a Buyer’s market.   St Catharines average sale price rose 6.3% and unit sales fell 12.3%. Niagara on the Lake saw a 32.8% drop in unit sales and a 5.2% decrease in average sale price. Niagara Falls’ average sale price increased 3.8% ...

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Royal LePage NRC Realty Real Estate Investor Update

              ROYAL LEPAGE NRC REALTY REAL ESTATE INVESTOR UPDATE   New Ontario Standardized Lease Agreement (Ontario) Most private residential leases in the province must use the standard lease template provided for all new leases.  Landlord and Tenant rights remain the same under the Residential Tenancies Act (2006) The Standardized Lease Agreement Can Be Found Here: https://bit.ly/2EaVDef Landlords must also provide the Brochure, “Information For New Tenants”. This Brochure Can Be Found Here: https://bit.ly/2Fiq7yN Rental Increase Guidelin...

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September 2018 Residential Statistics

Check out this September Residential Market Statistics, and 12 Month Trend by Market. Regional sales are down, but average sale prices are up. With 3.6 months of supply in Niagara + Dunnville, and 2.8 months of supply in Hamilton, Stoney Creek and Ancaster, we are still in a Seller’s Market.     St Catharines average sale price rose 8.0% and unit sales fell 14.5%. Niagara on the Lake saw a 34.4% drop in unit sales and a 5.2% decrease in average sale price. Niagara Falls’ average sale price increased 2.8% and unit sales fell 15.4%. Fort Erie had...

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July 2018 Residential Statistics

July 2018 Residential Statistics Check out this June’s Residential Market Statistics, and 12 Month Trend by Market. Regional sales down, but average sale prices rose slightly.  With 3.6 months of supply in Niagara + Dunnville, and 2.8 months of supply in Hamilton, Stoney Creek and Ancaster, we are heading towards a Balanced Market. St Catharines average sale price rose 7.7% and unit sales fell 17.4%. Niagara on the Lake saw a 42.8% drop in unit sales, and a -3.8% increase in average sale price. Niagara Falls’ average sale price rose 0.9% and unit sales f...

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June 2018 Residential Statistics

June 2018 Residential Statistics Check out this June’s Residential Market Statistics, and 12 Month Trend by Market. Regional sales down, but average sale prices rose slightly.  With 2.9 months of supply in Niagara + Dunnville, and 2.4 months of supply in Hamilton, Stoney Creek and Ancaster, we are heading towards a Balanced Market. St Catharines average sale price rose 5.1% and unit sales fell 19.6%. Niagara on the Lake saw a 47.1% drop in unit sales, and a 0.2 % increase in average sale price. Niagara Falls’ average sale price decreased 0.1% and unit sa...

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May 2018 Residential Statistics

May 2018 Residential Statistics Check out this May’s Residential Market Statistics, and 12 Month Trend by Market. Regional sales down, but average sale prices rose slightly.  With 3.6 months of supply in Niagara + Dunnville, and 2.8 months of supply in Hamilton, Stoney Creek and Ancaster, we are still in a Seller’s Market. St Catharines average sale price rose 5.1% and unit sales fell 21.3%. Niagara on the Lake saw a 52.2% drop in unit sales, and a 3.2% decrease in average sale price. Niagara Falls’ average sale price decreased 0.6% and unit sales fell 2...

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April 2018 Residential Statistics

April 2018 Residential Statistics Check out this April’s Residential Market Statistics, and 12 Month Trend by Market. Regional sales down, but average sale prices rose slightly.  With 3.2 months of supply in Niagara + Dunnville, and 2.6 months of supply in Hamilton, Stoney Creek and Ancaster, we are still in a Seller’s Market. St Catharines average sale price rose 5.5% and unit sales fell 23.5%. Niagara on theLake saw a 51.5% drop in unit sales, and a 1.2% decrease in average sale price. Niagara Falls’ average sale price increased 1.2% and unit sales fel...

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March 2018 Regional Residential Statistics

March 2018 Regional Residential Statistics   Check out this March’s Residential Market Statistics, and 12 Month Trend by Market. Regional sales down, but average sale prices rose slightly.  With 3.1 months of supply in Niagara + Dunnville, and 2.4 months of supply in Hamilton, Stoney Creek and Ancaster, we are still in a Seller’s Market.   St Catharines average sale price rose 7.5% and unit sales fell 22.4%. Niagara on the Lake saw a 54.2% drop in unit sales, but a 2.2% increase in average sale price. Niagara Falls’ average sale price increased...

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March 2018 Regional Residential Statistics

March 2018 Regional Residential Statistics   Check out this March’s Residential Market Statistics, and 12 Month Trend by Market. Regional sales down, but average sale prices rose slightly.  With 3.1 months of supply in Niagara + Dunnville, and 2.4 months of supply in Hamilton, Stoney Creek and Ancaster, we are still in a Seller’s Market.   St Catharines average sale price rose 7.5% and unit sales fell 22.4%. Niagara on the Lake saw a 54.2% drop in unit sales, but a 2.2% increase in average sale price. Niagara Falls’ average sale price increased...

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February 2018 Regional Residential Statistics

February 2018 Regional Residential Statistics   Check out this February Residential Market Statistics, 12 Month Trend by Market. Regional sales are down, but average sale prices are up across the board. With 3 months of supply in Niagara + Dunnville, and 2.3 months of supply in Hamilton, Stoney Creek and Ancaster, we are still in a Seller’s Market.   St Catharines average sale price rose 9.5% and unit sales fell 20.5%. Niagara on the Lake saw a 45.2% drop in unit sales, but a 6.2% increase in average sale price. Niagara Falls’ average sale pric...

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