Royal LePage Niagara Reports the Highest Sales in May since 2007!
Royal LePage Niagara Reports the Highest Sales in May since 2007!
The spring market has finally arrived and Royal LePage Niagara had a great month of May. The Niagara Real Estate Board showed a 1% rise in sales activity year over year and a 10% increase in May 2014 over May of 2013.
The year to date average of a single family home in the region now stands at $247,979. That”s up 6.1% over last year. Prices are expected to remain at current levels with some areas seeing small percentage increases.
Based on a sales-to-new listings ratio of between 40 and 71%, most of the local markets were in balanced territory. However, the Grimsby & Stoney Creek communities are very close to becoming a Sellers market.
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Agents Name
Sales Representative
Unit# 200 – 1335 Carling Ave.
Ottawa, Ontario
CanadaK1Z 8N8
Office: 613-725-1171
Toll Free: 1-800-307-1545
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