Your local real estate blog by your trusted Hamilton real estate professional.
Tuesday, 6 October 2015
Another monthly sales record set in September: RAHB
Sales volume may be significantly lower than the peak in spring, but the hot real estate market in Hamilton certainly still has some steam left to it. The REALTORS® Association of Hamilton-Burlington (RAHB) reported another sales volume record broken this year, setting a new record for the month of September at 1,387 sales.
On the positive side for buyers, listings activity has continued to increase as well, with 4.9% more new listings in September 2015. Unfortunately, listing inventory at the end of the month was still down from the same time last year, between the demand and the pre-existing inventory shortage.