Lynn Hoffmann
RE/MAX Escarpment
Languages
- English
Specialties
International, Luxury Homes, Residential, Sellers
Locations
Oakville, Central Burlington, North Burlington
February 2025 Market Pulse
The latest market stats are in! Here’s a snapshot of what’s happening in our local real estate market:📉 Unit Sales Overall, unit sales declined across all regions, with Niagara (-45%)and Halton (-51%) experiencing the most significant drops. RE/MAX Escarpment & Niagara saw a ...
Apr 30, 2024
The latest market stats are in! Here’s a snapshot of what’s happening in our local real estate market:
📉 Unit Sales
- Overall, unit sales declined across all regions, with Niagara (-45%)and Halton (-51%) experiencing the most significant drops.
- RE/MAX Escarpment & Niagara saw a -4.37% decrease in monthly sales, but year-to-date sales remain strong, up +2.75%.
📈 New Listings
- More properties are hitting the market, with Toronto (+13%) and Hamilton (+1.6%) leading in new listings for February.
- Year-to-date, listings surged by +22.71%, a strong indication of increasing seller confidence.
🔍 What This Means for You
While sales have slowed, new inventory is rising, providing more choices for buyers. If you're considering selling, the market remains active with motivated buyers still making moves.