Ottawa, ON, February 16, 2021 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales set another all-time record in January 2021. average days it took to sell a home in November was 30 days, compared to 47 Currently, Niagara is experiencing balanced market conditions, but is beginning to lean toward a seller’s market as prices continue to climb. Monthly Statistics… This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. TREBHome - Market Statistics … Niagara Housing Market Outlook (Fall 2020), Niagara Housing Market Outlook (Winter 2019), RE/MAX 2020 Housing Market Outlook Report, Fraser Valley Starts 2021 With Record Activity in the Local Real Estate Market, Home Sales Continue to Surge in Pandemic-Proof Vancouver Housing Market, GTA Real Estate: A Peek Inside the Booming Oshawa Housing Market, Soaring Price Growth in Vancouver Island Real Estate Market, Luxury Tax Will Make Toronto Real Estate Less Accessible to Average Buyer, 35% of RE/MAX brokers indicate that “move-over” buyers from other cities and provinces will continue to spark market activity in 2021, 45% of RE/MAX brokers indicate that move-up buyers will likely be a primary driver of the housing market demand in 2021, Half of Canadians (53%) are confident that Canada’s housing markets will remain steady in 2021, 52% of Canadians believe real estate will remain one of the best investment options in 2021, 48% of Canadians would like to live closer to green spaces, 48% of Canadians say it’s more important than ever to live in a community close to hospitals and clinics, 33% of Canadians would like more square footage in their home and have realized they need more space, 44% of Canadians want a home with more outdoor space and personal amenities (i.e. Whether you're buying or selling, a real estate transaction can be complicated. Looking ahead, continued … Phone: (800) 771-4913 Fax: (905) 688 3178 Email: nrc@royallepage.ca The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. jurisdiction last month, a decrease of 1.5% compared to November 2019. The careful consideration of how the market is performing and … First-time buyers and downsizers will drive demand in 2020, attracted to the Niagara housing market for its affordability. RE/MAX brokers and agents are surveyed on market activity and local developments. Copyright ©2021. Niagara County is an area in New York with a population of 221,128. For the Niagara Region: From 01-Jan-2019 to 30-Sep-2019 vs. the same period last year* View fullsize. Healthy price increases are expected, with an estimated 3.7-per-cent increase in the average national residential sales price, according to the RE/MAX 2020 Housing Market Outlook Report. Surround yourself with the history and charm of Niagara-on-the-Lake’s real estate. Canadians are on the move. Average climate in Niagara, North Dakota. “This has sparked unprecedented sales this year in suburban and rural parts of Canada and we expect this trend to continue in 2021.”. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, UNYREIS and WNYREIS. Real estate listings held by firms other … days in November 2019. Updated As of February 16, 2021. Visit REALTOR.ca to see all the Niagara Falls real estate listings on the MLS® today! Niagara is currently experiencing a balanced market, with 3.5 months of supply; however, this is expected to shift in favour of sellers in 2020. Not only are Canadians more motivated to leave cities, but changes in work and life dynamics have also shifted their needs and wants for their homes. Find 211 houses for sale in Niagara Falls, ON. wind speeds 207-260 mph) tornado 22.6 miles away from the Niagara … December 2020 saw a year … This was an increase of 20.5% … Niagara Real Estate Market Statistics for December 2020 All municipalities noted below saw increases in average price year over year with a minimum of 18.9%. RE/MAX is expecting balanced conditions for the Niagara housing market in 2020, with an anticipated residential price increase of seven per cent. The Niagara County Real Estate Market was more beneficial to sellers in March 2018 compared to the same time last year. Region from $430,000 in November 2019 to $511,500 in November 2020. According to the survey, 44% of Canadians would like a home with more space for personal amenities, such as a pool, balcony or a large yard. Explore Niagara County real estate statistics and housing costs. View 155 homes for sale in Niagara Falls, NY at a median listing price of $94,500. Both commercial and residential development in the south end of Niagara Falls and Fort Erie is expected to impact the housing market as well. Browse our real estate listings, learn more about the town of NOTL and its neighbourhoods, and reach out … “Looking ahead, government financial aid programs may be coming to an end in September, which could potentially impact future activity; however, the pent-up demand and low inventory dynamic may keep prices steady and bolster activity for the remainder of 2020. The information contained in this report has been prepared by The Canadian Real Estate Association, in co-operation with the Niagara Association of REALTORS®. First-time homebuyers in the region are typical young couples in search of single-detached homes. Lincoln. grant@niagararealtor.ca. Current market conditions are expected to continue in 2021 as more move-over buyers from larger cities outside the region continue to look for some of the typical attributes that come with a more suburban lifestyle, including the option to live in a single-detached home. “Thanks to the region’s resilient economy, staggering population growth and relentless development, the 2020 market looks very optimistic.”. Real Estate Today. Toronto Real Estate Board com is the online information source for comprehensive coverage of real estate listings and services in the Greater Toronto area. The real estate market in the Niagara … ). Source: Statistics … November 2020. Real estate listings held by firms other than Zillow… January 2021 sales statistics have been a much-anticipated resource in order to gauge how this year will take shape. “Southern Ontario is witnessing some incredibly strong price appreciation, with many regions seeing double-digit gains,” says Christopher Alexander, Executive Vice President and Regional Director, RE/MAX of Ontario-Atlantic Canada. Grant Brown, Executive Officer Get instant access to a lot of relevant information about Niagara Falls, ON real estate… Niagara & Dunnville inventory is still low as we have had a 16% … The Canadian Real Estate Association. According to the RE/MAX Fall Market Outlook Report, RE/MAX brokers suggest that the average residential sale price in Canada could increase by 4.6% during the remainder of the year. Find Out What’s Happening in the Real Estate Market in Niagara South The following is a review of the Niagara Association of REALTORS® MLS® Residential Market Activity for March 2020. 905-684-9459 Niagara’s luxury and recreational housing markets continue to thrive as buyers increasingly seek to purchase larger, more spaced-out properties outside of city centres. The RE/MAX average residential sale price expectation for Niagara in 2020 is an increase of seven per cent based on historical price appreciation, which was particularly high from 2018 to 2019 at almost 13 per cent. The Canadian Real Estate … “The classically hot spring market that was pushed to the summer months due to the COVID-19 pandemic created a surprisingly strong market across Canada and across all market segments,” says Christopher Alexander, Executive Vice President and Regional Director, RE/MAX of Ontario-Atlantic Canada. View homes for sale in Niagara County, NY. The top three neighbourhoods in Niagara based on 2020 sales include Crystal Beach/Ridgeway, Lincoln/Crowland and Lincoln Mall. However, some regions in Ontario continue to experience higher-than-normal gains, including London (+10.7 per cent), Windsor (+11 per cent), Ottawa (+11.7 per cent) and Niagara (+12.9 per cent). November 2020. REALTORS® listed 664 residential properties in Niagara These statistics are gathered on a monthly basis to provide an overview of the current Niagara Housing market. Here’s the regional break-down: “We’ve seen a lot of anecdotal evidence since the summer that households are considering significant lifestyle changes by relocating to less-dense cities and neighbourhoods,” says Christopher Alexander, Executive Vice President and Regional Director, RE/MAX of Ontario-Atlantic Canada. Start your research with actual Niagara real estate market statistics to accurately gauge your property's value. With the province being one of the hardest-hit regions in Canada, markets such as Niagara, Mississauga and Kitchener-Waterloo experienced significant drops in activity. Real estate listings held by firms other … The pandemic has prompted many Canadians to reassess their living situations. “As 2020 winds down we expect to see a slowing of sales and Niagara Falls NY Real Estate Sales Statistics for March 2020 / in Niagara Falls NY Real Estate , Real Estate / by Bruce Andrews Compared to March of 2019, the number of available new listings in Niagara … Reproduction in whole or in part is prohibited without written permission. Most individual markets surveyed across Canada experienced moderate price increases year-over-year from 2018 to 2019. Avg sale price for single family homes & condos is up ~$20k and time spent on the market is down over 20 days. ... Niagara region composite: $172,000 in Feb 2005 to $438,700 in Feb 2020, representing a gross increase of 155%, ... Real Estate … According to a survey conducted by Leger on behalf of RE/MAX Canada, 32% of Canadians no longer want to live in large urban centres, and instead would opt for rural or suburban communities. However, come June, they bounced back aggressively as economies began to reopen. When it comes to the prospect of a second wave of COVID-19, 56% of Canadians who are feeling confident in Canada’s real estate market are still likely to buy or sell. Niagara Falls; ... 2021 Niagara County Real … Note: These statistics now include the Township of West Search for new homes, open houses, recently sold homes and reduced price real estate in Niagara Region. This has been a common trend across many Canadian housing markets as well as regions abroad, as homebuyers seek more square footage and green space outside of urban areas in the wake of COVID-19. effective increase of 18.9%.” Says Terri McCallum, President of the Niagara Residential home sales activity recorded through the MLS® system for The Niagara Association of REALTORS® (NAR) totaled 694 units in November 2020. For more information, The Niagara Association of REALTORS® Try our corporate solution for … Due to these factors, the 2021 RE/MAX 2021 outlook for average residential prices is an estimate of +4% to +6% nation-wide. continues to move the Homes Price Index up in all communities of the Niagara The information has been drawn from sources deemed to be reliable, but the accuracy and completeness of the information is not guaranteed. … listings during the Holiday season. Visit external site system for The Niagara Association of REALTORS® (NAR) totaled 694 units in » Niagara Property Statistics. The characteristics of the HPI composite benchmark is a home A REALTOR® helps by making it easy for you...Read more ›, The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Residential/Condo Sales Statistics. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, UNYREIS and WNYREIS. Affordability isn’t a concern in the region, with value-conscious consumers from the GTA buying in droves (and sometimes commuting to Toronto for work). Current NYS COVID-19 Real Estate Guidelines Click Here 2021 President Inauguration February 22, 2021 Canada Real Estate Statistics [2020] Last modified: January 13, 2021. What’s been happening across other Ontario real estate markets? Canadians are almost equally split in their confidence in Canada’s real estate market, with 39% as confident as they were prior to the pandemic, and 37% slightly less confident. This statistic presents the estimated real estate prospects in the areas of investment, development and housing in Canada in 2021, by city. RE/MAX Canada anticipates healthy housing price growth at the national level, with move-up and move-over buyers continuing to drive activity in many regions across the Canadian housing market. With all of Ontario now in phase three of re-opening and consumers more comfortable engaging in the market, market activity in Ontario is expected to remain steady in the fall, with modest price increases of up to 6% in some regions. Overall, we are very confident in the long-term durability of the market.” Additional highlights from the 2020 RE/MAX Fall Market Outlook Report Survey: About the 2020 RE/MAX Fall Market Outlook Report The 2020 RE/MAX Fall Market Outlook Report includes data and insights supplied by RE/MAX brokerages. This trend is stronger among Canadians under the age of 55 than those in the 55+ age group. Factors impacting this broader trend include the rise in remote work, the desire for more space and less density, as well as lower housing prices. As of today, Niagara housing data shows median days on market for a home … Niagara Falls is a Canadian city on the Niagara River in the Golden Horseshoe region of Southern Ontario, with a population of 82,997 at the 2011 census The municipality was incorporated on June 12, 1903 Read more about Niagara Falls real estate Browse Niagara Falls Real Estate … This was an increase of 18.9% compared to November 2019. Association of REALTORS®. Year-to-date, Niagara home prices have increased 11%, with further growth expected over the next 12 months. Looking at homes for sale in Niagara to try and guess? Niagara Real Estate Residential Sales Statistics - September, 2019. The Niagara housing market will likely continue to favour sellers in 2021, as a continuation of a busy market in 2020 driven by the migration of homebuyers from the Greater Toronto Area, Peel and Halton regions, prompting price growth in the region. Multiple Listing Service Monthly Sales Stats - Starting March 2012, the MLS is proud to release our new statistical package for Western New York.. RE/MAX Escarpment and Niagara have set the pace yet again for their respective trading areas, with RE/MAX Escarpment outperforming its competitors by 23.6% and RE/MAX Niagara … All responses are directed towards customer satisfaction with the objective of providing an understanding of how NYS Real Property Tax Law is to be applied equitably and uniformly. The Based on data reported by over 4,000 weather stations. See pricing and listing details of Niagara Falls real estate for sale. This is compared to the 3.7% increase that was predicted in late 2019. Legal |Privacy. Looking ahead, continued demand is expected put upward pressure on prices, with an expected increase of 12% in average price to $597,181 across all property types. An ongoing and widespread housing supply shortage is likely to continue, presenting challenges for homebuyers and putting upward pressure on prices. The Niagara housing market experienced a 70% decline in sales in April 2020 following the COVID-19 lockdown that started in mid-March. 116 Niagara Street, St. Catharines, ON, L2R 4L4 There are 107,909 male residents living in Niagara County and 113,219 female residents. Research Niagara Region real estate market trends and find homes for sale. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, UNYREIS and WNYREIS. During November, once again, we experienced All rights reserved. Niagara Property Statistics. Residential home sales activity recorded through the MLS® October 2, 2019. ... Niagara County Local Assessors; Real Estate Transactions; Tentative Assessment Roll. Leading indicators from RE/MAX brokers and agents across Canada’s housing market point to a strong market for the remainder of 2020. The most in-demand neighbourhoods to watch in 2020 include Prince Charles, Lincoln and Stamford. The Niagara housing market saw average residential price rise to $533,198 in 2020 (Jan. 1-Oct. 31) compared to $449,410 in 2019 (Jan. 1-Dec. 31). balcony, pool etc. In providing this information, neither The Canadian Real Estate Association nor the Niagara Association of REALTORS® assumes any responsibility or liability. Average prices across the Niagara housing market are expected to increase 4% to 6% in the remainder of 2020. This is a shift from pre-COVID conditions, when downtown St. Catharines was the most in-demand area in the greater region, but has since seen suburban neighbourhoods grow in popularity. MLS® HPI composite benchmark price for the Niagara region was $511,500 in The fate of the auto engine plant is also a factor. Royal LePage NRC Realty, Brokerage Head Office 33 Maywood Ave. St.Catharines, ON L2R 1C5. The Niagara Association of REALTORS® represents over 1230 REALTOR® members serving the communities of Fort Erie, Fonthill/Pelham, Lincoln, Niagara Falls, Niagara-on-the-lake, Port Colborne/Wainfleet, St Catharines, Thorold and Welland. Not guaranteed to these factors, the 2021 RE/MAX 2021 outlook for average residential prices is an of. There are 107,909 male residents living in Niagara County, NY to continue in 2021 April 2020 following COVID-19! 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