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Realtor’s association confirms another surge in home sales, prices in Hamilton, Burlington

Realtor’s association confirms another surge in home sales, prices in Hamilton, Burlington - image

The local realtor’s association is reporting another surge in home sales.

The Realtors Association of Hamilton-Burlington (RAHB) says prices continue to soar, as well, within a market area that includes Hamilton, Burlington, North Niagara and Haldimand County.

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RAHB says 1,751 properties changed hands last month, an increase of 37.67 per cent from August and 53.9 per cent compared to September 2019.

Read more: Hamilton-Burlington real estate cools off slightly in August: RAHB

The average price has climbed to $721,354, a year-over-year increase of 19.8 per cent.

RAHB President Kathy Della-Nebbia says a 40.4 per cent drop in active listings compared to September 2019 is among the factors driving prices higher.

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