Trusted Home Stagers in Fonthill, ON

Reasons for the continued strength of real estate market are: - Inter-provincial relocation that started in 2020 is expected to continue in 2022. - Consumer confidence in real estate market is strong as study shows that almost 50% of Canadians believe the real estate market will remain hot in 2022 and see it as one of the most attractive financial investment. - The ongoing real estate supply shortfall is likely to continue, putting upward pressure on prices. Even with many choosing to relocate from city centres such as GTA in favour of suburbs within Ontario especially Niagara region, or leaving the province entirely, GTA has continued to be an excellent place to live. The area draws interest from Canadian as well as international consumers, a trend that is most likely to grow this year, in tandem with the climbing immigration rate. One of the strongest growth in prices of 14% is expected from Niagara Region. With average home price climbing from $689,648 in 2021 to $786,199 in 2022. One of the reasons of this increase is “move-over” buyers, term used for buyer upgrading to more expensive houses. Another factor is inter-provincial moves, as consumers move away from bigger city centres to smaller towns.