Residential home sales activity recorded through the MLS® for the Niagara Association of REALTORS® (NAR) totaled 500 units in September 2025, compared to 541 in August 2025. In September, the Niagara Association of REALTORS® listed 1,738 residential properties compared to 1,415 in August 2025. The average days it took to sell a home in September 2025 was 47 days, a -2.1% decrease from August 2025. While we did see the typical surge in fall listings, buyers responded with continued caution. Even a recent interest rate reduction wasn’t enough to overcome the ongoing economic uncertainty and affordability concerns weighing on consumer sentiment. REALTORS® continue to identify this as an undervalued opportunity—motivated sellers, elevated inventory, and softening prices present highly favourable conditions for buyers ready to act before year-end. For sellers, pricing ahead of the market is now critical—not just to align with current value, but to anticipate continued downward pressure as we move into the winter months. The MLS® Home Price Index (HPI) tracks price trends far more accurately than is possible using average or median price measures. The overall MLS® HPI composite benchmark price for the Niagara Region was $595,800 in September 2025. This was a -2.3% decrease from August 2025.
