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Release 2020 Year-End Statistics: RAHB market exceeds expectations

Hamilton, ON (January 26, 2021) – The REALTORS® Association of Hamilton-Burlington (RAHB) reported 14,863 sales of residential properties processed through the Multiple Listing Service® (MLS®) System in 2020. This is an 8.4 per cent increase from 2019. The average price of a residential property in 2020 was $690,002. This is up 16.8 per cent from 2019. The average price in 2010 was $310,258 which represents a 125.4 per cent increase. New residential listings were down 7.6 per cent compared to 2019.

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Low inventory and strong demand expected to continue driving Hamilton’s real estate market in 2021

Region sees double digit gains in home prices in 2020

HAMILTON, January 15, 2021 – According to the Royal LePage House Price Survey released today, the aggregate[1] price of a home in Hamilton increased 15.3 per cent year-over-year to $659,409 in the fourth quarter of 2020.

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Untraditional year ends with an untraditional December: RAHB market saw a sizeable boost

Hamilton, ON (January 5, 2020) – The REALTORS® Association of Hamilton-Burlington (RAHB) reported 913 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in December 2020. Sales were down 25.95 per cent over last month, but up 41.6 per cent over December of last year. New listings were down 47.87 per cent over November 2020 and up 34 per cent over last December. The average price for residential properties was $729,853, which was up 1.04 per cent from last month and up 25.4 per cent from December 2019. The number of active listings available at the end of the month was 52.2 per cent lower compared to the previous year.

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