Appointments are down a miniscule 0.3% compared to last week, as October ends strong with a 9% lead over pre-pandemic 2019. Compared to the previous year, we are down -38.8% for October, but this time last year we were experiencing an abnormally busy market due to the lifting of pandemic restrictions.
The appointment to sold/index has risen sharply from 10.4 to 16.1, which is a combination of more buyers entering the market, and the emergence of the value conscious consumer, actively comparison shopping.
The $1-2M price range continues to see the most demand in Hamilton and Halton, followed by mid-high ranges. Popular price ranges in Niagara trended down slightly, favouring the mid price ranges.