The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1660 property sales were processed through the RAHB Multiple Listing Service® (MLS®) system in May. This represents a 4.1 per cent increase in sales compared to May of last year and sets a new record for sales in any month. There were 2458 properties listed in May, an
New Sales Record Set in May Read More »
Canada Mortgage and Housing Corp. has declared that they will be tightening up the types of mortgage insurance it will offer. The Crown corporation said Friday that it is going to stop offering mortgage insurance on second homes. It will also stop offering mortgage insurance to self-employed people whose income cannot be validated through traditional
Major Changes to Mortgage Insurance for Second Home Buyers Read More »
Compared to March of last year 1268 property sales were processed through the RAHB Multiple Listing Service® (MLS®) system represents a 9 per cent increase! “The low inventory of listings is still the story,” said RAHB CEO Ross Godsoe. “A one per cent decrease doesn’t sound like much, but last March’s listings were down almost
Seller’s Market Continues Read More »
The REALTORS® Association of Hamilton-Burlington (RAHB) reported 949 property sales were processed through the RAHB Multiple Listing Service® (MLS®) system in February. This represents a 0.7 per cent decrease in sales compared to February of last year. “The long winter seems to be having an effect on the real estate market,” said RAHB CEO Ross
Low Listing Inventory Continues Read More »
According to a recent report by RE/MAX, there have been significant gains at the top end of the country’s housing market, which continues to demonstrate the overall strength and resilience of Canadian real estate in 2013. What’s been propelling the sales of luxury homes in Hamilton-Burlington 2013 residential real estate market are the local buyers
Canada’s luxury home market on a clear, upward trajectory Read More »
More good news! Hamilton-Burlington residential real estate is expected to post a strong performance for this year. Demand remained solid across the board throughout much of the year, although inventory proved a challenge, particularly at the entry-level price points. With sellers firmly in the driver’s seat, the market experienced persistent upward pressure on pricing. The
Housing Market Outlook 2014 – Hamilton-Burlington Read More »
Earlier this year Burlington was rated Best Mid-Size City in Canada !!! Our community is friendly and safe, our weather mild, add to that …… low unemployment, high incomes, low crime and a thriving arts community and you have just some of the factors making this the best mid-sized city in Canada. In addition to
Celebrate Burlington, Ontario! Read More »
According to a recent report by the REALTORS® Association of Hamilton-Burlington (RAHB) listings and sales through October were higher by 9.4 per cent, when compared to last year same time. That represent around 1207 properties sold through the RAHB Multiple Listing Service® (MLS®) system. “Listings and sales through October were better than last year for
Seller’s Market Continues in Greater Hamilton-Burlington and Outlying Areas Read More »
Yesterday the Canadian Real Estate Association (CREA) released statistics indicating that national home sales posted a 0.8% gain from August to September 2013. While markets in Greater Vancouver and Greater Toronto enjoyed improved sales on a month-over-month basis, markets in Calgary and Montreal declined. The number of newly listed homes declined by 1.4 per cent
Canadian home sales edge higher in September 2013 Read More »
Lower commodity prices are expected to temper appreciation in coming months. The RE/MAX Market Trends Report: Farm Edition 2013, looking at the trends and developments in 17 rural communities throughout Canada, has found that limited inventory levels–reported in virtually all agricultural centres–continued to contribute to strong upward pressure on the price per acre in 88
