Our RE/MAX Escarpment and Niagara buyers/sellers are in a quietly competitive market: sales velocity is up (low appointment-to-sold index, high sold-to-new-listing ratio), but volume is down YoY. That’s rare. Typically you’d expect either hot demand or high apathy — not both. This could be a leading indicator of a Q3 surge as pent-up buyers start jumping back in once there is economic stability around North American trade agreements.
