Real Estate News

August Real Estate Market Sees Increase over Last Year

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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