Heddle Real Estate - Royal LePage State Realty Brokerage

By Shivraj Jhala
Posted Monday, Jul 11, 2022 10:02 am

Hamilton-Burlington home sales down 38%, listings grow in June: RAHB

Realtors in the Hamilton-Burlington area say they’re still seeing a cooling trend in the local residential home market as year-over-year sales figures dropped for the third straight month.

In June, the Realtors Association of Hamilton-Burlington (RAHB) reported a drop of 37.8 per cent in the overall sales activity in the region between 2021 and 2022, with the City of Hamilton seeing a 35 per cent decline over the same period.

While sales were down, new listings in the RAHB coverage area continued to grow, with 2,543 reported in June, up 27.1 per cent compared with June 2021.

Hamilton has about 26 per cent more listings compared with a year ago, with 1,509 recorded this past June compared with the 1,198 homes available...[READ MORE]

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