As we approach the end of the month, our appointment centre booked 3,236 total appointments which is a 1% increase over the previous week. Despite seeing a year over year decrease in monthly appointments, we saw sales overshadow new listings by 16%.
Our appointment/sold index dropped again this week, returning to where it was 4 weeks ago at 8.9, illustrating renewed buyer confidence. Inventory is still holding steady while sold properties continuing to surpass new listings, and we have yet to see a shortage in properties despite this trend.
Although our top price ranges had seen some shifts over the past few weeks, each region seems to be returning to what we were seeing throughout most of last year. In Hamilton, lower and mid-range price points are returning as most popular aside from the $1-2M price range that remains at #1. Halton is seeing those high price ranges returning to the top of the chart with the $1-2M and $2M+ price ranges occupying the top two spots. The Niagara region is witnessing lower price ranges between $400k and $550k returning as most popular.
