Monthly Market Update - Stats to October 31, 2025

Fall is continuing to surprise us with some stormier weather this past couple weeks! Luckily, you've got a nice warm house to be inside.

Look: it's no secret that this year has been a correction year. The market has quickly shifted into a buyer's market with lower prices and homes sitting on the market for longer. We all knew this market correction was coming after 2021's insane growth, but this has created an opportunity for many buyers to enter the market for the first time. First time homebuyers rejoice!

Niagara Region as a Whole

Even factoring in the market's correction, prices are still 17.5% higher than they were 5 years ago. It just goes to show how real estate's growth is over the longer term, not instantaneous. This means that if you bought a regular/average home in 2020, it's now estimated to be worth 17.5% more. Combine this with what you've contributed in mortgage payments and you've gained a lot of equity!

Benchmark Prices by Municipality

Almost every city and town in Niagara has seen a drop in prices this year. Almost.

Enter Fort Erie and Port Colborne once again! In comparison to October 2024, Port Colborne saw benchmark prices increase by 1.4% while Fort Erie saw increases of 1.2%. Over the last five years, their boost in value (+20.6%) has been rivalling major cities like St. Catharines (+21.8%) or Welland (+21.9%). Niagara Falls lags behind with five-year growth sitting at just 16.9%.

Time to start planning for your future while the buyer's market lasts! Book a real estate review today!