Appointments traditionally dip in August with this being peak time for squeezing the last bit of holiday sunshine before school begins in September. Last week saw only a marginal 1.5% dip in appointments, largely due to the Civic Holiday Monday. Overall, appointments in August are already 37.4% ahead of where we were in 2018 - a trend that we have been seeing for several months.
Our Sold/Appointments Index jumped last week to 22.5 appointments on average per property sold - possibly due to a lower number of sales over the week, again with the holiday in the mix.
Overall, price ranges in Hamilton remain steady within the $350-$600k range, while popular price points in Burlington show a combination of high and mid-range. Niagara remains solidly within the $250-$500k price points.
