Category: Market Updates

Market Update – December

Hamilton The temperatures may be dropping but the same cannot be said about Hamilton Real Estate Prices. Increases have proved higher than Burlington but average prices remain cheaper overall. Despite new lending policies and stricter guidelines, buyer demand remains at an all time high. Year over year increases are 24.6% in Hamilton and days on market dropped 28% from 32 days down to 23. Burlington Burlington trails slightly behind Hamilton with an average year-over-year price increase of 22.3%. Average price however shows quite the opposite. Freehold properties exceed that of Hamilton by over $300,000! Days on market has also decreased a staggering 47.1% over...

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Market Update – November 2016

For those who LOVE Real Estate statistics, heres your fix for the month. The information discussed below covers the month of October 2016 vs the same month last year. Some of the numbers are STAGGERING! Hamilton: October 2015 vs 2016 This image shows some of the significant changes we’ve seen from last October. Average sale price is up 22.8%! This is due to high buyer demand and low supply. End of month inventory was down 31.4%. This causes bidding wars, soaring prices and less days on market. Burlington: October 2015 vs 2016 Much is the same in Burlington but...

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