What's happening in the appointment centre? May 10-16
May 19, 2020
Appointments continued to increase through week 9 of the COVID-19 changes, with 12.4% more appointments, and 15% more properties sold than the previous week. Our Sold/Appointment Index remained steady at 10.4 appointments on average per property sold during the week.
We saw the highest single day number of appointments on Friday, May 15 since the changes took effect. When we compare Friday to the same day in 2019, we saw only 87 fewer appointments made, and Saturday had only 61 fewer appointments than in 2019. Steady increases week over week are bringing us ever closer to our benchmarks from last year.
Price points in Hamilton varied, with popularity largely centred in the $450-650k range. However we also recorded highs of $800-900k, and lows of $250-300k. Burlington’s most popular price point remains at $1-2M, with additional activity largely centring between $450-600k. Niagara’s price points were mostly in the $350-$600k range, with increased demand in the luxury market of $1-2M last week.
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