The Niagara Association of Realtors reported 725 property sales processed through August in the niagara region which means there was a 19.8% increase in sales over August of last year.
Also looking good was the average residential sale price of $281,085 which was 18.3% higher than last August. The average days on market decreased from 61 to 49 in the residential freehold market, and decreased from 81 to 66 in the condominium market.
What do you think, are you surprised?
SOURCE: NiagaraRealtor.ca
Let us know what you think!