Appointments are down slightly by -1.3% over the previous week, as consumers enjoyed the August Long Weekend break, as well as the heat wave we experienced keeping buyers and sellers indoors. We have narrowed the gap further in our monthly comparison numbers by 10%, indicating that we have a more normalized summer market.
The appointment/sold index held at 14.4, as sellers are listing more product and adapting to the market.
The $1-2M price range continues to be the most in-demand price range in all of our trading areas. In Halton, we saw the luxe $2M+ price range reappear in the top 5. In Hamilton, we saw a slight shuflle but remained in the mid-high ranges. Niagara continues to represent the low, mid and high price ranges.
