Real Estate Market Statistics for June 2022 The REALTORS® Association of Hamilton-Burlington (RAHB) reported a total of 995 sales in June 2022 of residential properties within the RAHB market area. The statistics in this blog include the entire RAHB real estate market area and the Burlington real estate statistics. When it came to the number of sales, there was a […]
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Are Pre-Construction Condos a Good Idea? The question a lot of you might be asking yourself is, are they a good idea? That can be a hard question to answer, since it’s so based on the individual. It’s been reported that the condo market is “on fire” and this is especially true within the major urban
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Real Estate Market Statistics for April 2022 The REALTORS® Association of Hamilton-Burlington (RAHB) reported a total of 1,298 sales in April 2022 of residential properties within the RAHB market area. These statistics include the entire RAHB real estate market area. This was a 20.7 per cent decrease in sales month over month and a 31.3 per cent decrease when compared
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Housing Affordability in the Canadian Housing Market It was reported by REMAX Canada that recently there has been a rise in more Canadians moving to urban areas in recent years. The question is, how will this look over the next five years? We can see that the market has changed a lot during the pandemic
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Real Estate Market Statistics for February 2022 The REALTORS® Association of Hamilton-Burlington (RAHB) reported a total of 1,228 sales in February 2022 of residential properties within the RAHB market area. When it came to the number of sales, RAHB reported an increase of 71 per cent month over month. However, when compared to February 2021, there was a 4.4 per
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Year-End Real Estate Statistics The REALTORS® Association of Hamilton-Burlington (RAHB) reported a total of 16,502 sales of residential properties within the RAHB market area for 2021. When compared to 2020 sales of residential properties, we can see that there was an increase of 10.5 per cent. The average price of a residential property in the entire RAHB market
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Homeownership in Canada When it comes to homeownership in Canada there’s a lot to know and to prepare for. It can sometimes be difficult for young prospective buyers new to the market. This is due to the rising housing prices that we’ve seen over the past few years. There was a high demand in 2020
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Finding a Mortgage Lender When it comes time to shop for a mortgage lender it can seem daunting and stressful. However, there are multiple companies that are able to help you through the process and interest rates options. The whole process can sometimes feel really overwhelming and that’s why a mortgage lender or specialist can
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Average Ontario Home Prices It was recently reported that the average price of a residential property in Ontario in September was $887,290. While the average income for someone living in Ontario was reported to be $55,500, meaning that the average price of a residential property is 16x the average income. Ontario is the most populated
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Canadian Fall Housing Market The Canadian Fall housing market prices are expected to have a five per cent increase in what’s remaining of 2021. It was reported that 26 out of 29 of Canada’s major housing markets, were sellers markets. There was also a high demand and a low inventory, which is what added to
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