{"id":1443,"date":"2017-04-12T09:11:15","date_gmt":"2017-04-12T13:11:15","guid":{"rendered":"http:\/\/www.loriv.com\/blog\/?p=1443"},"modified":"2020-03-09T17:55:01","modified_gmt":"2020-03-09T21:55:01","slug":"record-march-sales-low-inventory-continues-in-2017","status":"publish","type":"post","link":"https:\/\/loriv.com\/blog\/real-estate-market\/record-march-sales-low-inventory-continues-in-2017\/","title":{"rendered":"Record March Sales; Low Inventory Continues in 2017"},"content":{"rendered":"<p>The REALTORS\u00ae Association of Hamilton-Burlington (RAHB) reported 1803 sales were processed through the RAHB Multiple Listing Service\u00ae (MLS\u00ae) System in March. The month&#8217;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.<\/p>\n<p>&#8220;This is the sixth month in a row &#8211;\u00a0beginning October of last year &#8211;\u00a0that we&#8217;ve seen a new monthly record for sales,&#8221; said RAHB CEO George O&#8217;Neill. &#8220;While there was a good increase in new listings, it doesn\u2019t quite balance the number of sales, so the end-of-month listing inventory is 35 per cent lower than last year at this time &#8211;\u00a0that&#8217;s less than a month of inventory.&#8221;<\/p>\n<p>&#8220;Year to date, residential sales are up by 18.4 per cent and the average sale price by 22.9 percent over the same period last year and listing inventory is 35 per cent less than a year ago,&#8221; noted O&#8217;Neill. &#8220;In this market, where homes are selling quickly and buyers are competing for so few listings, a buyer&#8217;s and seller&#8217;s best ally is a REALTOR\u00ae &#8211;\u00a0a real estate professional who can offer the best advice for navigating the market.&#8221;<\/p>\n<figure id=\"attachment_1446\" aria-describedby=\"caption-attachment-1446\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-1446\" src=\"http:\/\/www.loriv.com\/blog\/wp-content\/uploads\/2017\/04\/Seasonally-1024x234.jpg\" alt=\"Seasonally adjusted data for residential properties for the month of March, 2017\" width=\"1024\" height=\"234\" srcset=\"https:\/\/loriv.com\/blog\/wp-content\/uploads\/2017\/04\/Seasonally-1024x234.jpg 1024w, https:\/\/loriv.com\/blog\/wp-content\/uploads\/2017\/04\/Seasonally-1024x234-300x69.jpg 300w, https:\/\/loriv.com\/blog\/wp-content\/uploads\/2017\/04\/Seasonally-1024x234-768x176.jpg 768w, https:\/\/loriv.com\/blog\/wp-content\/uploads\/2017\/04\/Seasonally-1024x234-624x143.jpg 624w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption id=\"caption-attachment-1446\" class=\"wp-caption-text\">Seasonally adjusted data for residential properties for the month of March, 2017<\/figcaption><\/figure>\n<p>Source:\u00a0<a href=\"https:\/\/www.rahb.ca\/record-march-sales-low-inventory-continues-2017\/\">http:\/\/www.rahb.ca\/2017\/04\/record-march-sales-low-inventory-continues-2017\/<\/a><\/p>\n<p>Selling your house in Burlington is easy when you work with Lori VanDinther, one of Burlington\u2019s top agents! <a href=\"https:\/\/www.loriv.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Team VanDinther<\/a>\u00a0will take care of all the details and deliver you the results!<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>The REALTORS\u00ae Association of Hamilton-Burlington (RAHB) reported 1803 sales were processed through the RAHB Multiple Listing Service\u00ae (MLS\u00ae) System in March. The month&#8217;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. &#8220;This is the sixth month in a row &#8211;\u00a0beginning October [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[56],"tags":[87,78],"class_list":["post-1443","post","type-post","status-publish","format-standard","hentry","category-real-estate-market","tag-burlington-real-estate-market","tag-realtors-association-of-hamilton-burlington-report"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\r\n<title>Record March Sales; 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