MARKET SHIFTS TOWARD MORE BALANCED CONDITIONS IN JULY  INVENTORY LEVELS TREND UPWARDS   Hamilton, ON (August 1, 2023) – The REALTORS® Association of Hamilton-Burlington (RAHB) reported 806 sales across the region in July 2023, a decline of 332 sales over the previous month but a gain over levels reported in July 2022. The... [read more]

Key stats for Hamilton Real Estate and Burlington Real Estate compared to February of 2022; Sales down nearly 40% for detached homes Inventory is up 117% (supply up and demand down) Taking on average a month to sell your home Prices have dropped nearly 25% from last year   The Hamilton and Burlington market seems to be picking up momentum as of late, however the stats are telling a profound story. Now more then ever, "every dollar... [read more]

There has been a major pick up in the real estate market in Burlington over the last few weeks. These stats will change next month. Sales declined across all property types compared to last year. However, condominium properties reported a modest decrease as higher interest rates have driven buyers to seek lower-priced homes. Contributing to the challenge is the pullback in new listings, leaving one month of supply across all property types in the area. Like other areas, prices across all... [read more]

RAHB AREA HOME PRICES TREND UP LEADING INTO SPRING  SALES-TO-NEW LISTINGS RATIO CONTINUES TO RISE, SLOWING INVENTORY GAINS   Hamilton, ON (May 1, 2023) – The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,102 sales and 1,566 new listings in April. This marks the first time since early 2022 that the... [read more]

PRICES REMAIN RELATIVELY STABLE COMPARED TO LAST JANUARY MARKET CONDITIONS DIFFER WITHIN THE REGION Hamilton, ON (February 1, 2024)– The 608 sales are slightly higher than levels reported last year, as gains in detached and semi-detached sales offset the declines in apartment and row-style homes. Meanwhile, inventory levels slowed compared to those seen at the end of 2023 but are 11 per cent higher than those reported a year earlier. The year-over-year gains in inventory was... [read more]