Real Estate News

August Real Estate Market Sees Increase over Last Year

Comments Off on August Real Estate Market Sees Increase over Last Year 08 September 2011

logo RAHB(September 6, 2011 – Hamilton, Ontario) For the third straight month, the real estate market in the Greater Hamilton, Burlington and outlying areas* experienced increases in listings, sales and average sale price when compared to the same month last year, according to Multiple Listing Service® (MLS®) statistics released today by the REALTORS® Association of Hamilton-Burlington (RAHB).

The residential freehold market saw the largest gains with a 24.1 per cent increase in number of listings and 12.5 per cent increase in number of sales. The average sale price was up four per cent over August of last year.

In the condominium market, listings were up 13.1 per cent and average sale price up 2.5 per cent over the same month last year.

RAHB Media Release

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Georgia Sapounas has been blogging since 2005. She's a graduate of the University of Toronto's Communication and Information Technology program as well as Sheridan's Digital Communications program. Georgia had the privilege of skating for Canada's National Synchronized Skating Team for eight years. Her passions include social media, sports, country music, design, and technology.