Community Blog

MARKET REPORT - AUGUST 2021

Sales and listings down, prices continue to rise
Posted by Ron Hunter on September 20, 2021 in  Market Activity
The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,201 sales of residential properties located within the RAHB market area through the Multiple Listing Service® (MLS®) System in August 2021. Sales were down five per cent since last month, and they were also down five per cent since August 2020. New listings were down nine per cent since last month and down 15 per cent since last August. The average price for residential properties was $839,881 which was a decrease of nearly one per ... read more

MARKET REPORT - JUNE 2021

Starting to cool for the summer? Unit sales yes, but prices not so much (yet?)
Posted by Ron Hunter on July 13, 2021 in  Market Activity
The number of homes sold through the MLS ® System of the REALTORS ® Association of Hamilton-Burlington (RAHB) totaled 1,607 units in June 2021. This was an advance of nearly 10 per cent from June 2020. Home sales were 14 per cent above the five-year average and 11 per cent above the 10-year average for the month of June. On a year-to-date basis, home sales totaled a record 9,518 units over the first six months of the year. This was up sharply by 57 per cent from the same period in 2020. “Ju... read more

MARKET REPORT - APRIL 2021

Sizzling hot market continues!
Posted by Ron Hunter on May 04, 2021 in  Market Activity
The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,906 sales of residential properties located within the RAHB market area through the Multiple Listing Service® (MLS®) System in April 2021. While sales were down eight per cent since last month, they were up 245 per cent since April 2020. New listings were down three per cent since last month and up 191 per cent as of last April. The average price for residential properties was $855,455 which was down two per cent from last month and... read more

MARKET REPORT - MARCH 2021

Buyer demand driving high prices!
Posted by Ron Hunter on April 07, 2021 in  Market Activity
The REALTORS® Association of Hamilton-Burlington (RAHB) reported 2,074 sales of residential properties located within the RAHB market area through the Multiple Listing Service® (MLS®) System in March 2021. Sales were up 63 per cent since last month and up 73.1 per cent since March of last year. New listings were up 65 per cent since last month and up 53 per cent as of last March. The average price for residential properties was $872,368 which was up three per cent from last month and up 32 per cent... read more

MARKET REPORT - FEBRUARY 2021

This market keeps on rolling!
Posted by Ron Hunter on March 01, 2021 in  Market Activity
The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,271 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in February 2021. Sales were up 54 per cent since last month and up 14.9 per cent since February of last year. New listings were up 61.9 per cent since January 2021 and up 12.2 per cent as of last February. The average price for residential properties was $848,719 which was up 7.7 per cent from l... read more