Residential home sales activity recorded through the MLS® system for The Niagara Association of REALTORS® (NAR) totaled 724 units in May 2019. This was an increase of 2.12% from May 2018.
On a year-to-date basis, home sales totalled 2,834 units over the first four months of the year, up 8.3% from the same period in 2018.
The MLS® Home Price Index (HPI), tracks price trends far more accurately than is possible using average or median price measures. The overall MLS® HPI composite benchmark price for the Niagara region was $410,500, up 5.4% in May 2019 compared to May 2018.