This week, appointments were up 1.5% compared to the previous week with our busiest day, Friday, having a total of 612 appointments. So far this month, there have been 9,777 appointments made, which is an increase of 18.4% compared to August 1-19 of 2022. The number of properties sold this week outpaces new listings for the first time in 3 weeks.
The appointment/sold index dipped to 11.4 after having been hovering between 12 and 13 in the past three weeks, indicating strong buyer motivation.
In Hamilton, the top price ranges have remained fairly steady with $1-2M continuing to be in the top spot. Halton saw some small changes, most noticeably that our highest three price ranges are all present in the top 5 price ranges for the area. Finally, Niagara sees the $1-2M price range drop from number 3 to number 4, and $550-600 continues to hold the top spot.
