This week saw a decrease of about 6% in appointments made, with our busiest day handling just over 450 appointments. While the number of new listings was similar to last week, the number of sold properties dropped by almost 29%. Overall, the month of October saw a decrease of approximately 15% in number of total appointments booked when compared to 2022.
The appointment/sold index increased from 9.1 to 12.0 this week, indicating an influx of new buyers entering the market, as there is more choice and an increase in affordable inventory.
Our top price ranges remained fairly similar to last week, with the $1-2M price range on top in Hamilton and Halton, and in the number two spot for Niagara. Halton is seeing the most expensive price ranges in the top three spots. Niagara is still seeing lower price ranges as most popular with the exception of that $1-2M range.