Our market has changed a lot during the last five years. We were always a quiet “secret” market with lovely homes nestled in a warm climate between two of the Great Lakes. We live in wine country and peach and other tender fruit are also grown here. We have not had the kind of weather people typically think of for Canada. Therefore, during the last few years we have slowly become a seniors’ retirement community. Then suddenly in 2016 approx. real estate just started to boom here. A little house between $150,000- 200,000 became hard to find and now today that same house is valued and sold at between $270,000- 360,000. Our average price now in our region is between 400-470,000. Quite a jump! Our market now, is one which has younger buyers incapable of finding a starter home. Our employment here is not manufacturing any more and jobs for millennials are limited unless they commute to the Toronto area. Rising Toronto prices boosted our prices out of sight. It has calmed down after 2016-2017 but it is still difficult as a Buyer to find affordable houses on limited incomes. The seniors selling their homes to move to a Retirement home or small condo have done very well as Sellers. And of course Toronto Seniors moving to our Niagara Region have sold their house in Toronto for very high prices $1.2 or 1.3 million and then buy down here a new home between $600-800,000 and still put money in the bank. Right now it is still a Seller’s market for homes under $500,000 but a Buyer’s Market for homes over $500-800,000. I’m thinking that a more balanced market should be in play before the end of the second quarter. But, I don’t have a Crystal Ball and I wish I did!