As a result of the holiday long weekend, appointments were down 13.8% compared to the previous week. Thursday was by far the busiest day for the appointment centre with 717 appointments that day. Compared to last year, appointments are down 12.9%, however the gap is narrowing, and is trending to be at par with last years' appointments very soon.
The appointment/sold index rose sharply as more buyers begin to re-enter the housing market as long term mortgage rates begin to fall. Sold properties continue to outpace listings, further illustrating an inventory shortfall.
As has been the case since the start of 2023, the $1-2M price range continues to occupy Halton's top spot. In Hamilton, the $700-750k and $1-2M price ranges tied for the most popular prices this week and Niagara saw its top spot occupied by the more affordable $400-450k price range.
