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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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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Capital Gains Tax in Canada There has been a lot of talk lately about rescinding the capital gains tax exemption on primary residents in Canada. However, there’s not a chance of that happening according to real estate lawyer Bob Aaron. He says that “the chances of that happening in our country are slim.” This is
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The COVID-19 Pandemic and Real Estate It has been reported that prices aren’t expected to plummet in 2021. The COVID-19 pandemic didn’t deviate Canada’s hottest housing markets, the way some experts had predicted. Cities such as Toronto and Vancouver saw some fierce composition for detached home. That meant that there were back-to-back months of record-breaking
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RE/MAX Canada is anticipating a healthy housing price growth in 2021. This is due to move-up and move-over buyers that are continuing to drive the activity in many of Canada’s regions. There’s an ongoing housing supply shortage that is likely to continue. This will put pressure on the market and therefore drive the prices up.
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Burlington Real Estate Market Statistics For Fall The Burlington Real Estate Market Statistics for October 2020 were provided by the REALTORs Association of Hamilton-Burlington (RAHB). It was reported that this fall that there were 1,615 residential properties sold within the RAHB market area. Sales were reported to be down 7.6 per cent over the previous
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Burlington Real Estate Market Statistics The Burlington Real Estate Market Statistics for September 2020 were provided by the REALTORs Association of Hamilton-Burlington (RAHB). In September 2020, there were a reported 1,751 sales of residential properties. Sales saw an increase of 37.67 per cent over the pervious month and up by 53.9 per cent when compared to
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Burlington Real Estate Market Statistics The Burlington Real Estate Market Statistics for August 2020 were provided by the REALTORs Association of Hamilton-Burlington (RAHB). In August 2020, there were a reported 1,272 sales of residential properties. Sales were reported to be down by 21.4% compared to the same time last year, and up 12.7% compared to
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Burlington Real Estate Market Statistics The Burlington Real Estate Market Statistics for June 2020 have been provided by The REALTORs Association of Hamilton-Burlington (RAHB). There were a reported 1,304 sales of residential properties within the entire RAHB market area. The good news is that the sales are up by 53% over May 2020 and up 0.2%
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