RE/MAX Niagara
Languages
Specialties
Buyers, Development Land, First Time Buyers, First Time Sellers, International Relocation, Investments, Multi-Family, Relocation, Residential, Sellers, Senior Lifestyle Transition
Locations
Fonthill/Pelham, Fort Erie, Niagara Falls, Niagara-on-the-Lake, Port Colborne/Wainfleet, St. Catharines, Welland, Crystal Beach
Oct 28, 2024
With recent mortgage changes and local market trends, now could be the perfect time to explore the Welland Real Estate Market, St. Catharines Homes, and Homes for Sale in Niagara. The Bank of Canada's recent 50-basis point rate cut, combined with bold government reforms, is making home ownership more affordable, especially for first-time buyers.
In Welland, home sales surged by 24.8% last month, while St. Catharines experienced a slight dip in prices, offering great opportunities for buyers. Across the Niagara Region, new listings are up by 22.2%, giving buyers more options and sellers more visibility.
The reduced borrowing costs from the rate cut and increased market activity make this a great time to buy or sell. Whether you're eyeing St. Catharines Homes or looking to sell in Welland, these market shifts can work in your favour.
Contact me today to learn how to capitalize on these changes and secure your next home or investment property!