Appointments this week have decreased by just over 3%, after last week’s 9.1 % surge, with our busiest day of the week, being Wednesday, hosting 377 total appointments. New listings are continuing to surpass solds, and although this gap narrowed last week, it has since increased again offering more choice to buyers. Compared to November 1-25 of 2022, we are seeing a 13% decrease in total appointments, although this gap continues to narrow each week.
The appointment/sold index has increased to 11.4, matching the appointment/sold index from two weeks ago. Buyer confidence has steadily been increasing since the end of October, a trend which could build momentum throughout the holiday season.
Our top price ranges remained very similar to the previous week. Hamilton's only major change was that the $550-600k range was replaced by the $850-900k range at #5. Halton saw the $2M+ range return to the charts in the #4 spot. In Niagara, the top price range went down to $350-400k and no price ranges above the $600-650k range are present on the chart this week.
