Latest posts
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Buying Your First Home Locally
Buying Your First Home Locally First-time buyers in Hamilton-Wentworth and Halton often feel overwhelmed — especially with changing market conditions. The key is preparation. What You Need Before Making an Offer Full mortgage pre-approval Clear budget comfort zone Understanding of local pricing by neighbourhood Mistakes First-Time Buyers Make Skipping inspections Stretching beyond comfort Ignoring resale…
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February 2023 Hamilton Share of Sales by District
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…
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March 2023 Burlington Stats
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…
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April 2023 Real Estate Statistics for Hamilton and Burlington Board (RAHB)
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 sales-to-new listings ratio pushed…
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July 2023 Real Estate Stats Hamilton-Burlington
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 sales…