May 3, 2018 9:39 pm

Hamilton-Burlington real estate stats continue to decline

Home sales continue to decline in Hamilton and Burlington when compared to the record-breaking 2017.

Graeme Roy / The Canadian Press

April was another down month for local real-estate agents.

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The Realtors Association of Hamilton-Burlington (RAHB) says 1,185 sales were recorded last month, a 32.4 per cent decline compared to April 2017.

“It’s no surprise sales were down from last April, when we saw a record in that month,” said RAHB CEO George O’Neill.

The average sale price in Hamilton and Burlington dropped 8.9 per cent last month to $555,661.

There were also fewer homes up for sale last month, compared to April of last year, declining 10.5 per cent year-over-year.

© 2018 Global News, a division of Corus Entertainment Inc.

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