Archives for April 1, 2019

RAHB REALTORS® RELEASE MARCH 2019 STATISTICS

Hamilton, ON (April 1, 2019) - The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,032 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in March, 2019. This is a 1.2 per cent drop from March last year; however, a 40 per cent increase over February 2019 and a 74 per cent increase over January 2019. The average price was up from March 2018 by 4.9 per cent to $575,099. “The increase in the number of sales from January and February shows that we are full steam ahead and anticipate a healthy spring market,” says RAHB CEO George O’Neill. “We experienced a two per cent increase in the number of listings over last year, which means more overall choice for buyers.” The number of sales for single family properties within the entire RAHB market fell by 2.7 per cent compared to the same month last year, and the average sale price increased by 5.6 per cent. Townhouse sales activity across … [Read more...]