Appointments continue to be on the rise, with 5.6% more appointments last week than the previous week. Overall in August, we have managed 39.4% more appointments than in 2019.
With 17.45% more sales last week, our Sold/Appointment Index dropped to 12.9 appointments on average per property sold. Inventory is still very low, and Buyers continue to enter the market making competition fierce for active listings.
In our Top 5 Price Range comparison, Hamilton’s most requested price range dropped, but activity overall was still simply a reorganization of last week’s numbers. Burlington saw the $800-900k range the most in demand, with $1-2M and $900-1M still on consumer’s radar. The lowest price point in Burlington rose from $400k last week to $550k this week. Niagara saw a dip in overall price points, however the $450-500k remained the most in demand during the week.