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REALTORS® Association
of Hamilton-Burlington

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

News

Low inventory of listings; average residential sale price still higher than one year ago

(June 6, 2012 – Hamilton, Ontario) The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1552 property sales through the RAHB Multiple Listing Service® (MLS®) for the month of May. RAHB also reported an 8.6 per cent increase in average sale price for the month compared to May of last year.

Seasonally adjusted* sales of residential properties were one per cent lower than the same month last year, with the average sale price increasing 6.1 per cent for the month. Seasonally adjusted numbers of new listings, however, were 16.3 per cent lower than the same month last year.

Click here for the full media release including the charts for Seasonally Adjusted Residential Only, All property types, Residential only-Actual, Freehold only-Actual, Condominium only-Actual and Commercial - Actual.

Click here for the Residential Real Estate Market Activity chart for the City of Hamilton.

Click here for the Residential Real Estate Market Activity chart for Burlington.

Click here for the Monthly Market Activity chart.

 

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