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February 2023 Realtors Association of Hamilton and Burlington Real Estate Stats

Thursday Mar 2nd, 2023

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Hamilton, ON (March 2, 2023) – February closed out with 765 sales across the REALTORS® Association of Hamilton-Burlington (RAHB) market area, 37 per cent less than the same time the previous year. Much of the decline was felt in the higher end of the market as homes priced below $800,000 represented the majority of sales.   “Demand at the lower end of the market is increasing as higher interest rates impact affordability and attainability. Buyers have more... [read more]

February 2023 Realtors Association of Hamilton and Burlington Real Estate Stats - Property Types

Tuesday Mar 7th, 2023

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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]

Burlington Real Estate Stats - January 2023 - Property Types

Wednesday Feb 22nd, 2023

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Burlington real estate stats for January 2023 prove that now more then ever it is imperative to use a highly skilled real estate broker that can maximize your net profit. Exceptional full service coupled with massive commission savings. Stephen Paige, real estate broker of record.  January sales were down across all property types in Burlington. Detached home sales reflected only 37 per cent of all regional sales in January. A total of 41 detached homes were sold, similar to the... [read more]

February 2023 Realtors Association of Hamilton and Burlington Real Estate Stats

Tuesday Feb 7th, 2023

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Here are some important stats about the real estate market in Hamilton and Burlington as of (February 2, 2023) - Current inventory levels throughout the REALTORS® Association of Hamilton-Burlington (RAHB) market area are comparable to what we saw pre-pandemic. This is likely due to higher interest rates and a rise in new listings hitting the market. Inventory has increased across all price points,... [read more]

Slowdown in February Market

Thursday Mar 8th, 2018

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PRESS RELEASE – For immediate release March 5, 2018 (Hamilton, Ontario) The REALTORS® Association of Hamilton-Burlington (RAHB) reported 779 sales were processed through the RAHB Multiple Listing Service® (MLS®) System in February, 40.3 per cent fewer than the same month last year and 25.7 per cent lower than the 10-year average for the month. All property listings were 15 per cent lower than the same month last year and 21.4 per cent lower than the 10-year... [read more]

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