Not only did RE/MAX Escarpment and RE/MAX Niagara outperform our competitors, we overshadowed them!!!! RE/MAX Escarpment was up 11.08% in sales and up 33.85% in listings over August 2021. Our two main trading areas of Hamilton-Burlington (-24.2%) and Oakville-Milton (-20.5%) lagged behind us by over 30% in unit sales, and up only 20% and 14.6% respectively in listings, a far distance from our almost 34% up in listing inventory. RE/MAX Niagara also outperformed our Niagara trading area by outselling our competition by 25%, and outlisting our local competitors by 16.45%, proving once again that consumers choose a high performing brand, when selling or leasing their properties.
MARKET PULSE: AUGUST 2022
September 12, 2022