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]

Compared to the previous year, February sales eased across all regions within Hamilton. The pace of decline varied depending on the region, with Hamilton East seeing the steepest decline. That region saw a significant decline in new listings which may explain the decline in sales. Compared to last February, there is an improvement in supply levels providing buyers with more options. Notably, the sales to new listings ratio rose over last year's levels in the Hamilton Mountain and Dundas... [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]

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]

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]