November 2021 is starting off strong with 24% more appointments than the same time frame in 2020! Although appointments are down a minor -4.4% compared to the previous week, we saw the exact same number of new listings this week. Looks like from the last 2 weeks inventory seems to be building.
The previous week the sold/appointment index has risen to 17.8. This indicates that buyers are taking the time view the influx of listings before putting pen to paper.
In Hamilton, mid price ranges continue to be the most popular as well as the $1-2M range. Burlington continues to favour the mid-high price ranges. Niagara represents low, mid and high price ranges in the top five.