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Real Estate and Mortgage News

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DateHeadline/Summary
Oct 04 More Listings, Fewer Sales in September 2017 Market
(October 4, 2017 - Hamilton, Ontario) The REALTORS® Association of Hamilton-Burlington (RAHB) reported 2,296 new listings were processed through the RAHB Multiple Listing Service® (MLS®) System in September, which is 17.2 per cent higher than the same month last year and 16.7 per cent higher than the 10-year average. All property sales were 23.4 per cent lower than the same month last year, and 13 per cent lower than the 10-year average.
Sep 06 More Balance in August 2017 Market
(September 6, 2017 - Hamilton, Ontario) The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,748 new listings were processed through the RAHB Multiple Listing Service® (MLS®) System in August, which is 5.4 per cent higher than the same month last year and 4.2 per cent higher than the 10-year average. All property sales were 18.4 per cent lower than the same month last year, and 3.2 per cent lower than the 10-year average.
Aug 03 July 2017 Brings Home Buyers Relief from the Heat
(August 3, 2017 - Hamilton, Ontario) The REALTORS® Association of Hamilton-Burlington (RAHB) reported 2,013 new listings were processed through the RAHB Multiple Listing Service® (MLS®) System in July, which is 17.8 per cent higher than the same month last year, 9.2 per cent higher than the 10-year average and the most new listings in the month of July. All property sales were 20.4 per cent lower than the same month last year, and 12.9 per cent lower than the 10-year average.
Jul 06 Mixed Bag in June 2017 Market
(July 6, 2017 - Hamilton, Ontario) The REALTORS® Association of Hamilton-Burlington (RAHB) reported 2,756 new listings were processed through the RAHB Multiple Listing Service® (MLS®) System in June which is 23.8 per cent higher than the same month last year and 28 per cent higher than the 10-year average. Sales were 21 per cent lower than the same month last year, and were 5.6 per cent lower than the 10-year average.
Jun 05 Record Listing Numbers in May 2017
(June 5, 2017 - Hamilton, Ontario) The REALTORS® Association of Hamilton-Burlington (RAHB) reported a record 3,208 new listings were processed through the RAHB Multiple Listing Service® (MLS®) System in May, which is 41.1 per cent higher than the same month last year and 34.8 per cent higher than the 10-year average. Sales were less than one per cent lower than the same month last year, and still 15.3 per cent higher than the 10-year average.
Apr 05 Record March Sales; Low Inventory Continues in 2017
(April 5, 2017 - Hamilton, Ontario) The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1803 sales were processed through the RAHB Multiple Listing Service® (MLS®) System in March. The month's all-property sales set a new high for the month of March, surpassing the record set just last year by 22.2 per cent. There were 2,197 properties listed in March, an increase of 17.5 per cent compared to March of last year and 6.5 per cent higher than the 10-year average for new listings in the month.
Mar 03 Hot Market Continues
(March 3, 2017 - Hamilton, Ontario) The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,311 sales were processed through the RAHB Multiple Listing Service® (MLS®) System in February. Total property sales were 16.4 per cent higher than the same month last year and, for the second month in a row, set a new high for that month. There were 1,496 properties listed in February, a decrease of 2.7 per cent compared to February of last year and 8.4 per cent lower than the 10-year average for new listings in the month.
Feb 03 Hot Real Estate Market to Start the Year
(February 3, 2017 - Hamilton, Ontario) The REALTORS® Association of Hamilton-Burlington (RAHB) reported 911 sales were processed through the RAHB Multiple Listing Service® (MLS®) System in January. All property sales were 17.4 per cent higher than the same month last year and set a new high for the month of January. There were 1,139 properties listed in January, a decrease of 9.7 per cent compared to January of last year and 30 per cent less than the 10-year average for new listings in the month.
Jan 31 Record Sales in 2016
(January 31, 2017 - Hamilton, Ontario) Residential sales fell 0.3 per cent short of last year's sales, while sales in the commercial sector - farms, vacant land, businesses and multi-residential properties - were 17.2 per cent higher than the previous year, contributing to the push past last year's sales. Total dollar volume of all transactions was $8.344 Billion - a 13.2 per cent increase over the previous year.
Jan 05 Sales Set Record For December
(January 5, 2017 - Hamilton, Ontario) The REALTORS® Association of Hamilton-Burlington (RAHB) reported 904 sales were processed through the RAHB Multiple Listing Service® (MLS®) System in December. Sales were 13.1 per cent higher than the same month last year and set a new high for the month of December. This was the sixth month in 2016 to see a new monthly sales record. There were 714 properties listed in December, an increase of 3.8 per cent compared to December of last year and right on the 10-year average for new listings in the month.
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