Heddle Real Estate - Royal LePage State Realty Brokerage

By Mike Heddle
Posted Monday, Aug 21, 2023 12:17 pm

Hamilton rents up from last year, but fall for second straight month

The average cost of rent for an apartment in Hamilton fell for a second straight month in July, but new tenants are nonetheless paying significantly more than they were at that time last yea...

By Brian Shaw
Posted Monday, Aug 14, 2023 2:57 pm

Rent in Canada hit a new high in July as students prepped for school, buyers sidelined

Canadian renters have long lamented the increasing prices they see landlords request of tenants, but in July, those totals hit a level unseen in the country's history. Data from Rentals.ca and ...

By Mike Heddle
Posted Thursday, Aug 03, 2023 11:53 am

MARKET SHIFTS TOWARD MORE BALANCED CONDITIONS IN JULY

INVENTORY LEVELS TREND UPWARDS Hamilton, ON (August 1, 2023) – The REALTORS® Association of Hamilton- Burlington (RAHB) reported 806 sales across the region in July 2023, a decl...

By Kelly Ann Scott
Posted Monday, Jul 31, 2023 12:30 pm

Latest interest rate hike will soften housing market activity, but home prices are not likely to go down

Canadians continue to grapple with the increased cost of living, and the Bank of Canada’s latest hike to interest rates this week will add more pressure to variable rate mortgage holders, as wel...

By David Buckingham
Posted Monday, Jul 24, 2023 12:55 pm

VACANT UNIT TAX

The City is instituting a vacant unit tax as one of the measures to address the City’s housing crisis. By creating a disincentive to have units remain vacant, the City aims to bring more housing...