Appointments are down -4.7% as buyers took a break from their home searches to enjoy the last weeks of summer. However, the Solds outnumbered New Listings for the first time since mid July, indicating the buyers are still putting pen to paper.
The appointment/sold index is trending downward, and now sits at 11.6. This indicates that buyers are scooping up inventory.
The $1-2M price range continues to be #1 in all of our trading areas. In Hamilton, we saw a slight shuffle but remained in mid-high ranges, similar to Halton with the exception of the $2M+ range. Niagara continues to represent a variety of price points from high, mid, and low.