Niagara Average Price UP 6.8%

The Niagara 12-month average price in the areas serviced by the Niagara Association of REALTORS® (all of the Niagara municipalities excepting Grimsby) now stands at $263,815. This figure reflects a jump of 6.8% from the 12-month average price of $246,992 recorded at the end of June 2014.

This year’s results represent a significant acceleration in the growth rate of house prices when compared to the annual average price increase of 4% recorded in June 2014 and 3.2% in June 2013

source: Niagara Realty Source Report