Contact 905-902-2284

Another record-breaking month in Hamilton-Burlington

Posted 4 years ago

The Hamilton-Burlington area is “deep into a seller’s market,” according to a recent report released by the Realtors Association of Hamilton-Burlington (RAHB). June marked the third month in a row during which the two cities posted record-breaking sales.
2,062 properties were sold during June, 31 percent more than June of 2014 and a whopping 43 per cent above the historical average for the month. There were 2,526 properties listed in June, an increase of 12.9 percent compared to the same month the year prior.

In Hamilton specifically, listings were up 18.7 percent and sales were up 27 percent, from 857 in June 2014 to 1,089 in June 2015. Average price increased 9 percent, from $337,484 to $368,044. Average days on the market decreased from 35 to 25.

In Burlington, listings decreased by 3 percent, but sales were up 29 percent, from 340 In June 2014 to 448 in June 2015. Average price increased 7 percent, from $537,720 to $576,244. Average days on the market decreased from 31 to 27.

The average price of freehold properties showed an increase of 10.4 percent compared to the same month the previous year; the average sale price in the condominium market increased by 8.2 percent when compared to the same period.

Year to date, sales are 14 per cent higher compared to the same period last year; listings are 7.1 per cent higher than last year and the average sale price is 8.4 per cent higher for the period.


Courtesy of Resource Multimedia
Posted in September 2015 |

A good home insurance policy is vital

A cursory overview of your home insurance policy is enough to cause your eyes to glaze over, but it is an important document to understand. Although it won’t win any rave reviews or Pulitzer Prizes, it’s imperative to read the fine print and ask questions about details you don’t understand. Considering that your home is… Read More…

TREB reports record home sales in 2015

Toronto area house hunters didn’t let the busy holiday season stand in the way of their new home purchase. The second best sales result on record for December capped off a record year for TREB MLS home sales in the GTA. The Toronto Real Estate Board reported 4,945 sales in December, bringing the 2015 calendar… Read More…

Fifth straight month for record sales in Hamilton-Burlington

Christmas shopping and holiday parties didn’t slow down house hunters in the Hamilton-Burlington area last month. The Realtors Association of Hamilton-Burlington (RAHB) reported 802 sales processed through MLS in December of 2015. Sales were 1.3 per cent higher than the same month the previous year, 17.6 per cent higher than the 10-year average, and were… Read More…

Leave a Reply

Service en fran├žais disponible