Real Estate and Mortgage News

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DateHeadline/Summary
Feb 04 RAHB REALTORS® Release January 2019 Statistics
(Feb 4, 2019 - Hamilton, Ontario) The REALTORS® Association of Hamilton-Burlington (RAHB) reported 593 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in January, 2019. This is a 3.6 per cent drop from the same month last year. The average price was up by 4.7 per cent to $550,058. The number of sales for single family properties within the entire RAHB market fell by 2.8 per cent compared to the same month last year, and the average sale price increased by 7 per cent.
Jan 15 RAHB REALTORS® Release 2018 Year End Statistics
(Jan 15, 2019 - Hamilton, Ontario) The REALTORS® Association of Hamilton-Burlington (RAHB) reported 11,882 sales of all properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in 2018. This is 17.5 per cent fewer sales than in 2017. The total dollar volume of sales was also down from the previous year, and was more in line with the volumes of 2013 and 2014. This also resulted in a one per cent decrease in the average sale price for all properties for the year - $566,328.
Jan 02 RAHB REALTORS® Release December Statistics
(Jan 2, 2019 - Hamilton, Ontario) The REALTORS® Association of Hamilton-Burlington (RAHB) reported 534 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in December, 2018. Although this is 26 per cent lower than the same month last year, the average price was up by 2.6 per cent to $543,210. Year-to-date (YTD) sales activity was down by 17.6 per cent from this time last year, and down 12.2 per cent from a decade ago. Average YTD price was also down from a year ago by 1.4 per cent, but up by 90 per cent from 2008.
Dec 05 RAHB REALTORS® Release November Statistics
(Dec 5, 2018 - Hamilton, Ontario) The REALTORS® Association of Hamilton-Burlington (RAHB) reported 862 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in November, 2018. This is a 17.1 per cent decrease from the same month last year. Year to date, sales are 17.4 per cent lower than last year at this same time. The sales-to-new-listings ratio, which can point to whether a market is in favour of sellers (above 60 per cent) or buyers (below 40 per cent), was 71.2 per cent - the low end of a seller's market. For comparison, in November 2017 the ratio was 69.9 per cent.
Nov 05 RAHB REALTORS® Release October Statistics
(Nov 5, 2018 - Hamilton, Ontario) The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,035 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in October, 2018. This is a 13.1 per cent decrease from the same month last year. Year to date, sales are 17.7 per cent lower than last year at this same time. The sales-to-new-listings ratio, which can point to whether a market is in favour of sellers (above 60 per cent) or buyers (below 40 per cent) was 60.1 per cent. This is higher than last month and on the cusp of returning to a seller's market. For comparison, in October 2017 the ratio was 65.5 per cent.
Oct 03 RAHB REALTORS® Release September Statistics
(Oct 3, 2018 - Hamilton, Ontario) The REALTORS® Association of Hamilton-Burlington (RAHB) reported 948 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in September, 2018.This is a 4.6 per cent increase over the same month last year. Year to date, sales are 18.8 per cent lower than last year at this same time. The Sales to New Listings Ratio, which can point to whether a market is in favour of sellers (above 60 per cent) or buyers (below 40 per cent) was 50.1 per cent. This indicates the overall residential market for the RAHB area is in a balanced position (between 40 to 60 per cent). Last year for September, the ratio was at 43.7 per cent - still considered balanced but trending towards a buyers' market.
Sep 06 RAHB REALTORS® Release August Statistics
(Sep 6, 2018 - Hamilton, Ontario) The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,089 residential sales were processed through the RAHB Multiple Listing Service® (MLS®) System in August, 2018, less than one percent more than the same month last year and 2.9 per cent fewer than the 10-year average for the month. Residential freehold sales were exactly the same as August of last year, while condominium sales were 2.9 per cent higher. New residential listings were three per cent lower than the same month last year, and 4.5 per cent lower than the 10-year average.
Aug 03 RAHB REALTORS® Release July Statistics
(Aug 3, 2018 - Hamilton, Ontario) The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,072 residential sales were processed through the RAHB Multiple Listing Service® (MLS®) System in July 2018, 4.7 per cent fewer than the same month last year and 16.3 per cent fewer than the 10-year average for the month. Residential freehold sales were 3.2 per cent lower, and condominium sales were 11.5 per cent lower, than July last year. New residential listings were 8.4 per cent lower than the same month last year, but 1.5 per cent higher than the 10-year average.
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Many thanks to Ann and David Ryan for helping to navigate us through the process of finding and purchasing our first home. We were looking for a great start-up home, close to our work and family that would require a little elbow grease to make it a home we could call our own and they found us just the right place. Their considerate and proactive approach, as well as attention to detail, showed us how dedicated they were to helping us. That, combined with their sound knowledge of the home buying process, made this a virtually effortless experience. Not only are they experts at what they do but they are a genuine couple whose company we greatly enjoy. We look forward to staying in touch.

M and J, Burlington, ON

David and Ann Ryan, Sales Representatives
Office: 905-632-2199 | Direct: 905-407-4353 | info@ryanshomes.ca

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