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]

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]

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]

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]