Cooling housing markets in the GTA are helping to balance the market in Niagara.
President of Niagara Association of Realtors Randy Mulder with REMAX Garden City Real Estate says the foreign buyer's legislation is having a trickle down effect here.
"A slow down in Toronto meant less people coming from the GTA around the corner and starting to purchase homes in Niagara which was one of the main causes for that upswing we experienced about 18 months ago until about 4 - 5 months ago."
Mulder believe the market is becoming balanced. He also says Niagara-on-the-Lake and Fonthill remain premium, but the north end of St. Catharines and parts of Niagara Falls are seeing fantastic numbers as well.