When looking at all property types in Hamilton-Burlington in 2017, compared to 2016 there were 5.9% less home sales, however the total dollar volume reached a new high of $8,972 billion (a 14.4% increase). Listings were up 15.4%, average days on market were 10% less. Which basically means this, we had more homes being listed, […]
Market Turnaround in 2017 Read More »
Activity was brisk in 2017 in Hamilton-Burlington as a strong local economy, relative affordability compared to the GTA and proximity to the amenities on offer in both Niagara and Toronto continue to attract buyers to the region. The OSFI mortgage qualification changes that come into effect in 2018 also motivated move-over buyers to leave the
The 2018 RE/MAX Housing Market Outlook Report for Hamilton/Burlington, Ontario Read More »
A week ago the government of Ontario announced a new “comprehensive package of measures” to cool off the hot real estate market in the GTA, work on increasing housing supply and help protect renters against unfair rent increases. Here is a brief summary of what the Ontario’s Fair Housing Plan includes: Introduce a 15% Non-Resident
Ontario Introduces Fair Housing Plan Read More »
The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1803 sales were processed through the RAHB Multiple Listing Service® (MLS®) System in March. The month’s all-property sales set a new high for the month of March, surpassing the record set just last year by 22.2 per cent. “This is the sixth month in a row – beginning October
Record March Sales; Low Inventory Continues in 2017 Read More »
The average residential home sale price in Burlington/Hamilton area is estimated at $535,520 in 2016 – a 20% increase compared to 2015’s average of $446,961. The market has continued to see substantial growth! Low inventory in Burlington/Hamilton area has caused a slow-down in sales. However, Hamilton is expected to get an inventory boost from couple
Burlington’s Housing Market Outlook for 2017 Read More »
(July 6, 2015 – Hamilton, Ontario) For the third month in a row, the REALTORS® Association of Hamilton-Burlington (RAHB) reported record breaking sales in the Greater Hamilton, Burlington and outlying areas. June’s 2062 property sales processed through the RAHB Multiple Listing Service® (MLS®) system smashed the record of 1810 sales set just last month. “The
Record Sales Again in June Read More »
The REALTORS® Association of Hamilton-Burlington (RAHB) reported a record 1,810 property sales processed through the RAHB Multiple Listing Service® (MLS®) system in May. This represents a 9.4 per cent increase in sales compared to May of last year, and smashes the record of 1,699 all property sales set last month. There were 2,587 properties listed
May Sales Set Another New Record Read More »
(May 5, 2015 – Hamilton, Ontario) The REALTORS® Association of Hamilton-Burlington (RAHB) reported a record 1,699 property sales processed through the RAHB Multiple Listing Service® (MLS®) system in April. This represents a 15.7 per cent increase in sales compared to April of last year, and smashes the old record of 1,660 all property sales set
New Record for Sales in Hamilton-Burlington Read More »
The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1079 property sales processed through it’s MLS® system in February 2015. This represents a 13.9 per cent increase in sales compared to February of last year. There were 1450 properties listed in February, an increase of 2.6 per cent compared to the same month the year prior. End-of-month
Home Buyers Not Deterred by February’s Cold Read More »
Most regions across Canada posted modest gains in average residential sale price in 2014. Prices are expected to remain stable, despite an increase in inventory. Hamilton-Burlington (Ontario) The major trend characterizing Hamilton’s real estate market in 2014 was an influx of buyers from the Greater Toronto Area looking to the city for more affordable single-family
2015 Housing Market Outlook Report for Hamilton-Burlington Read More »
