When looking at the numbers for June, we can see that the number of sales on average have gone up for the entire region by 5.1%, compared to June 2025.
The sale prices are still a bit lower compared to last year at -6.5%.
However: with the interest rates remaining stable, the market appears to be doing the same and continuing along the steady course we have so far this year. NOTE: Bank of Canada announcement next Wednesday the 15th.
I always mention the HPI benchmark prices in the statistics, but what exactly is this benchmark?
If you don’t know already, here is the definition as per the Niagara Board of Realtors:
“The characteristics of the HPI composite benchmark is a detached home between the ages of 51 to 99 with three bedrooms and two bathrooms. The MLS® Home Price Index (HPI) tracks price trends far more accurately than is possible using average or median price measures.”
As always: if you have any questions, don’t hesitate to contact me!
➡️ 905-321-5050. ⬅️
T.
SO…………… How did the Niagara Region do??
