Q1 Niagara Real Estate Report (2025)

As expected, the global events are impacting us all in many ways, and the real estate market is no different. The big picture is the return of uncertainty. As the Q1 Report described (attached yet again for your sharing enjoyment), the market was showing a return of tempered confidence and optimism in Q4. 

Q1 2025 has definitely tracked with overall public sentiment with some deciding to hang back and see what happens. The 10-year average for sales in March is 743, with March 2025 coming in at around 490. That is not part of a long developing trend. The sudden backtrack of sales is in direct correlation with the chaos-by-design that we're seeing, so as quickly as the market pulls back, at some point demand will come out of hiding and return. 

And here's the key...yes, sales were off by 34% in March, but I'm still seeing you guys running around showing houses, writing offers and talking to people which is so great. There is always a market out there. We just need to continue to show up & find it. 

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