Aside from 2021 sales, the first week of July with the Canada Day holiday and the beginning of the summer break sales are traditionally lower. 2023-2025 appointment volume remained stable where buyers remained active but more selective.
This week saw a sharp rise in the appt/sold index, if it stays above 14 into late July and August, we could expect a short-term price rise due to continued buyer demand and new buyers entering the market. Competitive offers in $700K–$1.2M ranges to spike, especially in Hamilton and Halton.
