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MARKET REPORT - NOVEMBER 2022

Swipe to see the most current real estate market stats for Brantford, Brant County, Paris, Norfolk, Haldimand,

Cambridge, Kitchener, Waterloo, Hamilton, Burlington, and Woodstock, Ontario.

November 2022 Market Report

November 2022 Market Report is complete!


Let’s see what’s up in your particular market!

This report is based on the market data for detached homes in November. 


Looking at the year over year numbers, we see a few key items that stem from inventory incline and interest rate hikes. 

Last month brought a lot of the same results as the previous month;

Decrease to sales and sale price 

Increase to days on market. 

Inventory increase 

However, November typically slows down, there was a boom of listings and sales in the first half.

 

We predict a naturally paced December where the market isn’t as fast paced.

 

With only  serious buyers and sellers who are on specific time frames and others waiting for the holidays to end to move forward. 

Looking at Month over month!!

Sellers and Buyers will be savvy to be aware that the Average Price decrease is declining more slowly now as the market is correcting from the insane hike.

We are not seeing the prices decline at a rate that they were even 2 months ago. 


If you’d like a more detailed data analysis done on your particular dwelling type and market area drop me a

message and I’ll have it to you swiftly! 

 

JILL PLANT

Real Estate Broker

Brolly Group   

Remax Twin City Realty Inc

 Broker@jillplant.ca

 519-209-8897 

 jillplant.ca

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