Both by(Month vs Month) & (Year vs Year)- Niagara Region. You will notice (Month vs Month) has SLIGHTLY DECREASED (1.4%) in price, however Year vs Year there is a (1.23%) DECREASE in SALE PRICE. UNIT SALES are DOWN SIGNIFICANTLY (month over month) by (28.9%) & (year over year) by (6.8%) & New Listings INCREASED by 16.1% (year over year) & 12% (month over month), NEW LISTINGS are still outpacing MONTHLY SALES by a large margin heading into
the FALL MONTHS.. As a result, it may put more pressure on lower home prices here in Niagara. Lastly, BANK OF CANADA meet again on October 25th and let's hope they hold rates.
