Seasonal lift in Hamilton inventory welcomed by potential homebuyers after surge in first quarter home price gains
Improved inventory levels offer buyers more choice heading into spring market
HAMILTON, April 19, 2022 – According to the Royal LePage House Price Survey released today, the aggregate price of a home in Hamilton increased 32.4 per cent year-over-year to $946,900 in the first quarter of 2022. During that same period, the median price of a single-family detached home increased 35.6 per cent to $992,500 and the median price of a condominium increased 18.3 per cent to $550,100.
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