Appointments are down -13.1% over the previous week, and up 20% compared to pre-pandemic June 2019. In comparison to last year however, we are down -32.9% due to the unseasonably busy market we saw in June 2021.
The appointment/sold index has dropped to 10.6, the lowest it has been since mid May. This is an indicator of 2 factors, one being a drop in the amount of buyers and the other being an
increase in the quality of buyers. Thus, every showing counts in today’s market, whereby quality conscious and informed buyers are making quicker buying decisions.
For the third week in a row, the $1-2M price range shows the most demand Hamilton and Halton. In Niagara, the $1-2M price range dropped to #4. 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.