MARKET REPORT - JULY 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.
July 2022 Market Report
The market is correcting at lightening speed! Backed by the July over July data research.
More evidently, when you compare the inventory and sales data from just one month ago…..the market isn’t just correcting, IT'S ON STEROIDS!
Average sales price, days on market and inventory levels have shifted on record levels in only one month. As the inventory and interest rates climb I’m seeing a continuing shift that leads to a prediction of this shift carrying on throughout to year end.
Sellers will need a realistic expectation and a top notch sales strategy when it comes to their sales.
Buyers are happily purchasing with sound offers that include their personal conditions necessary to purchase without risk.
It’s nice to see common ground when it comes to sales.
With two sides coming together happily and feeling fair during negotiations.
Looking for a more in-depth look or discussion about your own market? Want to chat real estate?
DM me and I’ll be happy to talk about your goals and answer any questions you have.
Real Estate Broker
Remax Twin City Realty Inc