Appointments dipped slightly last week by 7.5%, likely due to people taking advantage of March Break to get away with their families. Last year, the week of March Break saw 15.5% fewer appointments, so the decrease is significantly less than in 2022. Overall, March so far has seen 18% fewer appointments than last March, but the gap between last year and this year is slowly narrowing as the year progresses.
The appointment/sold index showed no appreciable change last week, however the number of sales continues to outpace new listings, reducing end of month inventories and making for a brisk market.
Popular price points across all of our regions remained fairly similar to last week, with the exception being Hamilton, with the $1-2M range increasing in demand and taking our top spot.
