Blog

May 2021- Real estate has been on fire in Niagara in 2021. Who would have predicted this last year +. With "normality" hopefully within the near horizon, we may see more normality in the real estate market. March to May in 2020 had little action when the pandemic and lockdowns set in. It did come around somewhat May 2020 but we still doubled sales this year 2021. Average sale prices around 35% over last year BUT there are small signs that the real estate market may begin cooling with less sales and units sold in May 2021 compared to March & April 2021. As well, a slight increase in inventory but far from 3-4 months of inventory (balanced market).