Navigating Canada’s Housing Market

Navigating Canada’s Housing Market

At a time when Canadians are grappling with historically high household debt levels – upwards of 163 per cent according to Statistics Canada – young adults are feeling insecure about their knowledge of the financial implications of homeownership. In a recent survey commissioned by The Canadian Real Estate Association (CREA), 70 percent of Canadians between 18 and 29 indicated a “major need” for more information about the financial implications of buying a home.

RAHB’s Charity Auction Supports Children’s Charities

RAHB’s Charity Auction Supports Children’s Charities

REALTORS®, their clients and friends come together to help give a child a Christmas. For 24 years, RAHB has worked with the good folks at CHML900 and Y108 to support their Children’s Fund, more popularly known as the Christmas Tree of Hope. This charity helps children’s causes around the Hamilton/Burlington area and has recently taken on distribution of toys for Operation Santa Clause.

Residential Market Still Favours Sellers in October 2012

Residential Market Still Favours Sellers in October 2012

The REALTORS® Association of Hamilton-Burlington (RAHB) reported the residential market saw an 11.9 per cent increase in average sale price in October compared to the same month last year. The median sale price also saw gains over October of last year. “The steady increase in residential prices over last year continues,” said RAHB President Cameron Nolan.

Walkable neighbourhoods are desirable

Walkable neighbourhoods are desirable

What makes a city or community liveable or desirable? Recent studies suggest that “walkability” is considered to be a desirable feature for residential areas and as a way to attract cultural and other jobs to a community.

The Hamilton Chamber of Commerce commissioned a study earlier this year to determine if there is a correlation between walkability, economic development and job creation in Hamilton.