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REALTORS® Association
of Hamilton-Burlington

505 York Blvd.,
Hamilton, ON. L8R 3K4
Phone: 905-529-8101

News

Good inventory of listings – it’s a great time to buy

(August 5, 2010 – Hamilton, Ontario) The Hamilton-Burlington area resale market reported a total of 1002 units sold in July, indicating a decrease of 26.7 per cent from the same month last year and a decrease of 26 per cent from June of this year, according to Multiple Listing Service® (MLS®) statistics released by the REALTORS® Association of Hamilton-Burlington (RAHB).“July was certainly a quiet month for sales,” said Joe Ferrante, RAHB President, “but it was not at all unexpected.  Despite the slower sales in July, our year-to-date sales are still up 10.7 per cent over this time last year.”Residential properties sold during July totalled 965 which included 755 freehold properties and 210 condominiums.  Commercial sales for July, including industrial, farm, vacant land and business, totalled 37 units.The average price of....

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Good market strength in first half of 2010

(July 7, 2010 – Hamilton, Ontario) The Hamilton-Burlington area resale market reported a total of 1359 units sold in June, indicating a decrease of 15 per cent from the same month last year, and a decrease of 6 per cent from May of this year. The total unit sales for the first six months of 2010 are being reported at 18.7 per cent higher than the same period last year, while new units listed are 20.7 per cent higher than last year at this time, according to Multiple Listing Service® (MLS®) statistics released by the REALTORS® Association of Hamilton-Burlington (RAHB).
“June’s sales are down from last year’s record-breaking month,” said Joe Ferrante, RAHB President, “but the strong numbers in the early months of the year still brings our year-to-date sales ahead of last year at this time.”
Residential properties sold during June totalled 1,305 which included 1,036 freehold properties and 269 condominiums. Commercial sales for June, includi....

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Market Starting to Settle

(June 4, 2010 – Hamilton, Ontario) The Greater Hamilton-Burlington area resale market reported a total of 1451 units sold in May, an increase of 8.8 per cent over May of last year, according to the Multiple Listing Service® (MLS®) statistics released by the REALTORS® Association of Hamilton-Burlington (RAHB).
When compared to April of this year, May’s total unit sales were down 5.5 per cent.
“The market is beginning to settle a bit,” said RAHB President Joe Ferrante. "We saw big highs in both the numbers of listings and sales in March and April, and now we are seeing how things will probably be continuing for the next few months.”
Residential properties sold during May totalled 1406, which included 1114 freehold properties and 292 condominiums. Commercial sales for May, including industrial, farm, vacant land and business, totalled 45 units.
The average price of freehold residential properties sold in the month of May was $339,484, an....

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Market strength continues through April

(May 5, 2010 – Hamilton, Ontario) The Greater Hamilton-Burlington area resale market reported a total of 1537 units sold in April, an increase of 38.2 per cent over April of last year, according to the Multiple Listing Service® (MLS®) statistics released by the REALTORS® Association of Hamilton-Burlington (RAHB). When compared to March of this year, total unit sales were 7.3 per cent higher in April, 2010.

“This spring market is one of the best we’ve had,” said RAHB President Joe Ferrante. "The number of residential sales is the highest in any April on record, and we broke last month’s new record for the number of listings taken in a month, ever.” Residential properties sold during April totalled 1490, which included 1228 freehold properties and 262 condominiums. Commercial sales for April, in....

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