Appointments are up 12.8% over last week, as buyers return from long weekend getaways and hit the market. Appointments are down -37.5% compared to the same time frame last year, but it is important to consider that in pre-pandemic 2019 we are up 35%.
The appointment/sold index is holding firm at just above 12 points for the last 3 weeks, as buyers continue to have confidence in the market and are making quick decisions.
In a rare instance, all 3 of our trading areas have seen the most demand for the $1-2M price range. In Hamilton, the top 5 price ranges slanted upward with mid-high price ranges. In Halton, we saw a slight shuffle but remained in the mid-high ranges. Niagara’s popular price ranges continue to represent low, mid and high ranges.