What the HOWELL is Going On? March 28th, 2025 Update
When it feels like the scariest time to make a move, it might actually be the best time. 🤔
With uncertainty in the air, interest rates stalling, tariff threats looming, you might be wondering: Should I buy? Should I sell? The good news? If you're buying and selling in the same market, you're generally safe, but it's safest to sell first before buying or to include a sale of property condition when possible.
✅ Sellers: Stay open-minded, price competitively, and work with your agent to understand the market. ✅ Buyers: Now is a great time to negotiate strong deals and include necessary conditions in your offer.
RE/MAX Escarpment/Niagara Appointment Centre: Between 2019 and 2025, only four Fridays surpassed 600 appointments, April 9, 2021, March 25, 2022, May 12, 2023, and March 21, 2025, averaging less than once per year. This isn't typical market behavior, it's a response to urgency. Additionally, for the first time ever, we've seen 4 consecutive weeks of appointment growth. These trends suggest a highly dynamic market, with shifting buyer sentiment and increased activity.
Local Market Updates 📍 Burlington: Active listings and sales increased this week, with inventory continuing to climb. The market leans toward buyers, and sold properties are typically moving within 3-4 weeks.
📍 Hamilton: Similar to Burlington, Hamilton experienced a rise in active listings and sales. With inventory still growing, the market remains in buyers' territory.
📍 Oakville: Inventory remains high, with active listings and sales increasing weekly. The absorption rate confirms that all property types strongly favour buyers.
Whether you’re buying or selling, now is the time to make smart, strategic decisions. Let’s navigate this market together!
Click on the Youtube link below to watch the full update!
What the HOWELL is Going On? March 28th, 2025 Update
When it feels like the scariest time to make a move, it might actually be the best time. 🤔
With uncertainty in the air, interest rates stalling, tariff threats looming, you might be wondering: Should I buy? Should I sell? The good news? If you're buying and selling in the same market, you're generally safe, but it's safest to sell first before buying or to include a sale of property condition when possible.
✅ Sellers: Stay open-minded, price competitively, and work with your agent to understand the market.
✅ Buyers: Now is a great time to negotiate strong deals and include necessary conditions in your offer.
RE/MAX Escarpment/Niagara Appointment Centre:
Between 2019 and 2025, only four Fridays surpassed 600 appointments, April 9, 2021, March 25, 2022, May 12, 2023, and March 21, 2025, averaging less than once per year. This isn't typical market behavior, it's a response to urgency. Additionally, for the first time ever, we've seen 4 consecutive weeks of appointment growth. These trends suggest a highly dynamic market, with shifting buyer sentiment and increased activity.
Local Market Updates
📍 Burlington:
Active listings and sales increased this week, with inventory continuing to climb. The market leans toward buyers, and sold properties are typically moving within 3-4 weeks.
📍 Hamilton:
Similar to Burlington, Hamilton experienced a rise in active listings and sales. With inventory still growing, the market remains in buyers' territory.
📍 Oakville:
Inventory remains high, with active listings and sales increasing weekly. The absorption rate confirms that all property types strongly favour buyers.
Whether you’re buying or selling, now is the time to make smart, strategic decisions. Let’s navigate this market together!
Click on the Youtube link below to watch the full update!
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