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.
- 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