What the HOWELL is Going On? April 3rd, 2025 Update
In this week's update, Clinton emphasizes that there continues to be a great deal of opportunity in the real estate market for buyers and for seller’s that are looking to upgrade.
Yesterday’s tariff announcements brought a sigh of relief as Canada has managed to avoid the worst of reciprocal tariffs from the USA, however, we are still dealing with the 25% tariffs on steel and automotive that were implemented back in mid-March.
From a global economic standpoint, an economic trade war is underway and we have an election coming up.
There’s a lot to keep an eye on, these days!
🏡 Real Estate Market Update: Despite some shifts, the real estate market has stayed surprisingly stable. While transaction numbers are down from previous years, consistent sales are still happening. Clinton can say with 100% certainty that well-prepared, properly priced properties are getting noticed and SOLD.
Even though it’s a buyer’s market, it’s an excellent time if you’re looking to both buy and sell. If you’re thinking about upgrading your home, now’s a fantastic time to do so while the market is down.
📊 RE/MAX Escarpment/Niagara Appointment Centre: March 2025 was the most efficient March in seven years, with high-quality appointments leading to strong sales despite fewer showings. The first quarter showed the clearest demand signal in years, as serious buyers acted quickly, making this one of the best times to sell in nearly a decade.
🏡 Local Market Updates 📍 Burlington: This week, active listings and sales saw a slight increase, with inventory continuing to rise. The market still leans toward buyers, but it’s not a heavy buyer’s market, with an absorption rate of 38%. We’re starting to trend toward a more balanced market, and more properties are selling within 30 days.
📍 Hamilton: In Hamilton, there was a small increase in active listings, but sales were down. With inventory still growing, the market is in buyer’s territory, though it’s heading toward a more balanced market, much like Burlington.
📍 Oakville: Oakville’s inventory remains high, but it’s trending downward week over week. Active listings and sales are seeing slight increases each week. The absorption rate confirms that all property types are still strongly favouring buyers.
What the HOWELL is Going On? April 3rd, 2025 Update
In this week's update, Clinton emphasizes that there continues to be a great deal of opportunity in the real estate market for buyers and for seller’s that are looking to upgrade.
Yesterday’s tariff announcements brought a sigh of relief as Canada has managed to avoid the worst of reciprocal tariffs from the USA, however, we are still dealing with the 25% tariffs on steel and automotive that were implemented back in mid-March.
From a global economic standpoint, an economic trade war is underway and we have an election coming up.
There’s a lot to keep an eye on, these days!
🏡 Real Estate Market Update:
Despite some shifts, the real estate market has stayed surprisingly stable. While transaction numbers are down from previous years, consistent sales are still happening. Clinton can say with 100% certainty that well-prepared, properly priced properties are getting noticed and SOLD.
Even though it’s a buyer’s market, it’s an excellent time if you’re looking to both buy and sell. If you’re thinking about upgrading your home, now’s a fantastic time to do so while the market is down.
📊 RE/MAX Escarpment/Niagara Appointment Centre:
March 2025 was the most efficient March in seven years, with high-quality appointments leading to strong sales despite fewer showings. The first quarter showed the clearest demand signal in years, as serious buyers acted quickly, making this one of the best times to sell in nearly a decade.
🏡 Local Market Updates
📍 Burlington:
This week, active listings and sales saw a slight increase, with inventory continuing to rise. The market still leans toward buyers, but it’s not a heavy buyer’s market, with an absorption rate of 38%. We’re starting to trend toward a more balanced market, and more properties are selling within 30 days.
📍 Hamilton:
In Hamilton, there was a small increase in active listings, but sales were down. With inventory still growing, the market is in buyer’s territory, though it’s heading toward a more balanced market, much like Burlington.
📍 Oakville:
Oakville’s inventory remains high, but it’s trending downward week over week. Active listings and sales are seeing slight increases each week. The absorption rate confirms that all property types are still strongly favouring buyers.
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