Uncategorized 15 November 2024

Is the Tide Turning in Fort Erie and Niagara?

 

Is the Tide Turning in Fort Erie and Niagara?

IMPORTANT NOTICE!

Open House has been canceled! Please be advised that there will be NO OPEN HOUSE this Saturday at 235 Phipps St Fort Erie 12-2 PM. Thank you!

The market landscape of Fort Erie and Niagara is shifting. We’re seeing a decline in key indicators, and the recent announcements from the Bank of Canada have added another layer of uncertainty as provided in the RBC report. Please know that the data provided in this video was pulled as of Wednesday, Nov 13, 2024, some of the properties sold may have been delayed in reporting due to the merger, so be sure to tune in next week. We may just see a spike!

In this video, we’ll delve into:

  • Current Declining Trends: How will the dip in unemployment impact the real estate market in Niagara?
  • Bank of Canada’s Prediction: How the Bank of Canada’s prediction for December and the future impact the housing market.
  • What to Anticipate in the First Quarter: A look ahead at potential economic trends and challenges for businesses and consumers in the coming month.

Join us as we analyze these developments and discuss strategies to navigate these challenging times.