Hamilton, ON (July 5, 2022) – The REALTORS® Association of Hamilton-Burlington (RAHB) reported 995 sales of residential properties within the RAHB market area through the Multiple Listing Service® (MLS®) System in June 2022. Sales were down by 19.2 per cent from May 2022 and down by 37.8 per cent compared to June 2021. There were 2,543 new listings in June 2022, which was down 3.3 per cent from May 2022, and compared to June 2021, there was an increase in listings of 27.1 per cent. The average sale price for residential properties across the RAHB market area was $946,026, which was down five per cent from May 2022, and up nine per cent compared to June 2021. There were 2.6 months of inventory* in June 2022 compared to 1.7 months in May 2022.
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