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20 March 2022

Spring Market Watch 2022

by Sue Heddle

Time to finally shed our winter coats as spring has definitely sprung across all major real estate markets within Ontario! The trend of significant over asking bids continues across all housing sectors, from condos to semi-attached and single-family homes.

Below you can find current hot housing markets and key indicators to watch out for. Are you ready to list or buy? Have questions? Looking for tips on how to market your home to increase resell potential? Sue Heddle Homes has only your best interests in mind whether you’re selling or buying.

Key Insights to Note & Detailed Stats by Area

  • Consistent sales growth continues across all markets.
  • Hamilton and Niagara are rebounding from previous sales lag and are an affordable choice for families and commuters to major city centers.
  • The number of residential units sold also continues to be on the decline across all regions due to limited supply. This corresponds with an even shorter downward trend of units being sold faster than last year.

Take a minute to review the detailed stats shown below. Please reach out anytime if you’re looking to buy or sell a property, and for any real estate market questions at 416-906-7998.

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