RE/MAX Housing Market Outlook 2017 – Windsor Essex

RE/MAX Housing Market Outlook 2017 – Windsor Essex

Consumer confidence in Windsor continues to rise due to the city’s positive economic outlook. Move-up buyers drive demand, motivated by the growth of the auto industry and a number of infrastructure projects currently underway in the city. Most listings received multiple offers and many properties sold for over the asking price, keeping the region in a seller’s market.

FUTURE TRENDS

  • As consumer con dence rises due to the strength of the local economy, move-up buyers are expected to continue driving demand in the market in 2017
  • Inventory levels are expected to remain low, which will likely keep Windsor in a seller’s market in the new year
  • The RE/MAX 2017 average residential sale price expectation for Windsor- Essex is an increase of five per cent

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