As the slower summer market sets in, appointments are down a minor -0.8%. The appointment/sold index sits at 13.6 which is comparable to last week. Traditionally the summer market slows down at this point, however, after last week’s interest rate increase, as predicted, there was an uptick in buyer activity, illustrated by the marginal decrease in showings over last week. The $1-2M price range continues to take the #1 spot in both Hamilton and Halton, as well as Niagara. In Hamilton and Niagara, we saw a slight shuffle but remained in the mid-high ranges. In Halton, we continue to see mid, high and luxury 2M+ price ranges in the top 5.
What's happening in the appointment centre? July 10-16
July 19, 2022