Hamilton, ON (August 3, 2022) – The REALTORS® Association of Hamilton-Burlington (RAHB) reported 811 sales of residential properties within the RAHB market area through the Multiple Listing Service® (MLS®) System in July 2022. Sales were down by 18.5 per cent from June 2022 and down by 35.6 per cent compared to July 2021. There were 1,783 new listings in July 2022, which was down 29.9 per cent from June 2022, and compared to July 2021, there was an increase in listings of 18.6 per cent. The average sale price for residential properties across the RAHB market area was $878,816, which was down 7.1 per cent from June 2022, and up 3.9 per cent compared to July 2021. There were 3.1 months of inventory* in July 2022 compared to 2.6 months in June 2022.
Continue Reading →Some RAHB markets experience price growth as sales and new listings drop in July
Balanced market returns to RAHB area
Hamilton, ON (July 5, 2022) – The REALTORS® Association of Hamilton-Burlington (RAHB) reported 995 sales of residential properties within the RAHB market area through the Multiple Listing Service® (MLS®) System in June 2022. Sales were down by 19.2 per cent from May 2022 and down by 37.8 per cent compared to June 2021. There were 2,543 new listings in June 2022, which was down 3.3 per cent from May 2022, and compared to June 2021, there was an increase in listings of 27.1 per cent. The average sale price for residential properties across the RAHB market area was $946,026, which was down five per cent from May 2022, and up nine per cent compared to June 2021. There were 2.6 months of inventory* in June 2022 compared to 1.7 months in May 2022.
Continue Reading →Expanded choice for buyers as inventory increases across RAHB market
Hamilton, ON (June 3, 2022) – The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,232 sales of residential properties within the RAHB market area through the Multiple Listing Service® (MLS®) System in May 2022. Sales were down by 5.1 per cent month over month and down by 31.9 per cent compared to May 2021. There were 2,631 new listings in May, which was up 7.3 per cent month over month, and compared to May 2021, there was an increase of 16 per cent. The average sale price for residential properties across the RAHB market area was $995,408, which was down 1.7 per cent over the previous month, and up 17.6 per cent compared to May 2021. There were 1.7 months of inventory in May compared to 1.2 months in April.
Continue Reading →Signs of a balanced market returning to RAHB area
Hamilton, ON (May 3, 2022) – The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,298 sales of residential properties located within the RAHB market area through the Multiple Listing Service® (MLS®) System in April 2022. Sales were down by 20.7 per cent month over month, and down by 31.3 per cent compared to April 2021. There were 2,451 new listings in April, which was down 3.6 per cent month over month, and compared to April 2021, there was a decrease of 7 per cent. The average sale price for residential properties across the RAHB market area was $1,013,081, which was down 5.6 per cent over the previous month, and up 18.2 per cent compared to April 2021. The inventory of listings increased to 1.2 months of inventory in April compared to 0.7 months in March.
Continue Reading →Strong listings and sales activity in March
Hamilton, ON (April 5, 2022) – The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,637 sales of residential properties located within the RAHB market area through the Multiple Listing Service® (MLS®) System in March 2022. Sales were up by 33.3 per cent month over month, and down by 21.1 per cent compared to March 2021. There were 2,542 new listings in March, which was up 51.7 per cent month over month, but compared to March 2021, there was a decrease of 6.2 per cent. The average sale price for residential properties across the RAHB market area was $1,073,342, which was down 2.7 per cent over the previous month, and up 22.8 per cent compared to March 2021. The inventory of listings remains low at 0.7 months.
Continue Reading →Sales and new listings climb in February
Hamilton, ON (March 2, 2022) – The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,228 sales of residential properties located within the RAHB market area through the Multiple Listing Service® (MLS®) System in February 2022. Sales were up by 71 per cent month over month, and down by 4.4 per cent compared to February 2021. There were 1,675 new listings in February, which was up 84.2 per cent month over month, but compared to February 2021, there was only a 1.2 per cent increase. The average price for residential properties across the RAHB market area was $1,104,163, which was an increase of 4.2 per cent over the previous month, and an increase of 30.3 per cent compared to February 2021. The inventory of listings remains low at 0.6 months.
Continue Reading →Record-high average residential sale price
Hamilton, ON (February 2, 2022) – The REALTORS® Association of Hamilton-Burlington (RAHB) reported 718 sales of residential properties located within the RAHB market area through the Multiple Listing Service® (MLS®) System in January 2022. Sales were down by 11 per cent month over month, and also decreased by 13.5 per cent compared to January 2021. New listings were up by 40.9 per cent month over month, but compared to January 2021, there was a decrease of 11 per cent. The average price for residential properties was $1,058,756, which was an increase of 13.6 per cent from December, and an increase of 34.7 per cent compared to January 2021. The inventory of listings remains low at 0.6 months.
Continue Reading →New RAHB residential average sale price record to end 2021
Hamilton, ON (January 5, 2022) – The REALTORS® Association of Hamilton-Burlington (RAHB) reported 811 sales of residential properties located within the RAHB market area through the Multiple Listing Service® (MLS®) System in December 2021. Sales decreased by 32 per cent since last month, and they were down 11 per cent since December 2020. New listings fell by nearly 50 per cent since last month and they were also down six per cent since last December. The average price for residential properties was $931,787 which was an increase of two per cent from last month compared to an increase of 27 per cent from December 2020. The inventory available dropped even further to 0.4 months of inventory.
Continue Reading →Supply continues to drop in November
Hamilton, ON (December 2, 2021) – The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,199 sales of residential properties located within the RAHB market area through the Multiple Listing Service® (MLS®) System in November 2021. Sales decreased by nearly ten per cent since last month, and they were down three per cent since November 2020. New listings also decreased by ten per cent since last month and they were also down three per cent since last November. The average price for residential properties was $911,673 which was a decrease of one per cent from last month compared to an increase of nearly 27 per cent from November 2020. The inventory available dropped even further to 0.5 months of inventory.
Continue Reading →Home prices soar in RAHB market area
Hamilton, ON (November 3, 2021) – The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,329 sales of residential properties located within the RAHB market area through the Multiple Listing Service® (MLS®) System in October 2021. Sales increased eight per cent since last month, and they were down nearly 18 per cent since October 2020. New listings decreased by nine per cent since last month and they were down 23 per cent since last October. The average price for residential properties was $922,297 which was an increase of nearly five per cent from last month compared to an increase of 27 per cent from October 2020. The inventory available dropped even further to 0.6 months of inventory.
Continue Reading →Recent Posts
M | T | W | T | F | S | S |
---|---|---|---|---|---|---|
1 | 2 | 3 | 4 | 5 | ||
6 | 7 | 8 | 9 | 10 | 11 | 12 |
13 | 14 | 15 | 16 | 17 | 18 | 19 |
20 | 21 | 22 | 23 | 24 | 25 | 26 |
27 | 28 | 29 | 30 | 31 |
Archives
- April 2024
- March 2024
- February 2024
- January 2024
- December 2023
- November 2023
- October 2023
- September 2023
- August 2023
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- November 2020
- October 2020
- September 2020
- August 2020
- July 2020
- June 2020
- May 2020
- April 2020
- March 2020
- February 2020
- January 2020