Media Releases | REALTORS® Association of Hamilton-Burlington

Sales activity picks up in September

by Amanda Brander | October 3, 2024 | Press Releases, Uncategorized | 0 Comments

Prices ease as conditions favour the buyer Hamilton, ON (October 3, 2024) – Following several months of easing sales, September reported a shift in activity as sales rose over last year's levels. Sales improved across all of the reporting areas within the region and...

Sluggish sales and rising inventory persisted through August

by Amanda Brander | September 3, 2024 | Press Releases, Uncategorized | 0 Comments

Prices ease, and supply choice improves Hamilton, ON (September 3, 2024) – The Hamilton real estate market maintains recent trends, as sales continue to slow and inventory levels rise. August sales slowed to 690 units, contributing to the year-to-date decline of...

Hamilton-Burlington Area Housing Market Sees Inventories Rise as Sales Ease

by Amanda Brander | August 1, 2024 | Press Releases, Uncategorized | 0 Comments

Prices soften in July offsetting earlier gains Hamilton, ON (August 1 2024)– In July, a total of 804 homes were sold in the Hamilton-Burlington area via the Multiple Listing Service® (MLS®) System of the Cornerstone Association of REALTORS® (Cornerstone), contributing...

RISING SUPPLY LEVELS WEIGH ON HOME PRICES

by Amanda Brander | July 3, 2024 | Press Releases, Uncategorized | 0 Comments

RISING SUPPLY LEVELS WEIGH ON HOME PRICES Hamilton, ON (July 3 2024)– Sales in June continued declining compared to the previous month and the same period last year. With 835 sales recorded this month, they remain below long-term averages and are consistent with the...

May Inventories Rise to Levels Not Seen Since Before the Pandemic

by Amanda Brander | June 3, 2024 | Press Releases, Uncategorized | 0 Comments

SALES SLOW AS NEW LISTINGS RISE Hamilton, ON (June 3 2024)– The REALTORS® Association of Hamilton-Burlington (RAHB) noted 1,032 sales in May, marking a 20 per cent decrease compared to the previous year and 31 per cent below the long-term average for the month. This...

SALES ACTIVITY SLOW AS NEW LISTING RISE

by Amanda Brander | May 1, 2024 | Press Releases, Uncategorized | 0 Comments

PRICES TREND UP OVER LAST MONTH, BUT REMAIN BELOW LAST YEARS LEVELS Hamilton, ON (May 1 2024)– The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,041 sales in April, seven per cent fewer than in 2023 and well below long-term trends for the month of...

INVENTORY GAINS BRING MORE BALANCED CONDITIONS

by Amanda Brander | April 2, 2024 | Press Releases, Uncategorized | 0 Comments

BENCHMARK PRICES TREND UP ACROSS ALL REGIONS Hamilton, ON (April 2, 2024)– Sales in March reached 996 units, nearly six per cent lower than last year's levels. The decline in March sales was not enough to offset the gains reported over the first two months of 2024....

FEBRUARY BROUGHT A RISE IN BOTH SALES AND LISTINGS

by Amanda Brander | March 4, 2024 | Press Releases, Uncategorized | 0 Comments

RE-SALE PRICES REALTIVELY STABLE Hamilton, ON (March 1, 2024)– February sales reached 839 units, a modest gain compared to last year.While the leap year provided an additional day of activity, it did not impact Haldimand County, where sales activity slowed compared to...

PRICES REMAIN RELATIVELY STABLE COMPARED TO LAST JANUARY

by Amanda Brander | February 1, 2024 | Press Releases, Uncategorized | 0 Comments

MARKET CONDITIONS DIFFER WITHIN THE REGION Hamilton, ON (February 1, 2024)– The 608 sales are slightly higher than levels reported last year, as gains in detached and semi-detached sales offset the declines in apartment and row-style homes. Meanwhile, inventory levels...

SUPPLY LEVELS RISE IN 2023 AS DEMAND FOR HIGHER-PRICED HOMES FALL

by Amanda Brander | January 2, 2024 | Press Releases, Uncategorized | 0 Comments

PRICES EASED FROM 2022 RECORD HIGH Hamilton, ON (Jan 2, 2024) – For the second year in a row, the REALTORS® Association of Hamilton-Burlington (RAHB) reported a decline in residential sales. In 2023, sales were 11 per cent lower than the previous year and nearly 30...