Hamilton Housing Market
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Hamilton home prices may rise if mortgage rate drops: CMHCA three-year forecast from Canada’s housing agency suggests higher prices could be driven by increased home sales should mortgage rates drop.CanadaMay 2, 2024
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Low housing values brought buyers into Hamilton but affordable supply hampered sales: Re/MaxRe/Max Canada's president says word of interest rate pauses appeared to shift buyers into high gear as early as January with many seeking to purchase before rate-holds expired.CanadaJul 19, 2023
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Negotiations between landlord, tenants seeking to buy Hamilton apartment at impasseResidents at 272 Caroline St. S., who banded together to protect themselves from rent hikes and renovictions, say they're seeking a lower purchase price after an inspection.CanadaJul 13, 2023
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Councillors approve grant to help tenants buy downtown Hamilton apartmentCity council's emergency services committee supported an $84,000 grant to help a group of downtown tenants buy a Ward 2 apartment building to evade rent hikes and eviction.PoliticsJun 15, 2023
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Hamilton-area home sales up 3% from last year with average prices down: RAHBThe Realtors Association of Hamilton-Burlington (RAHB) says May sales were up slightly year over year despite new listings still below traditional levels.CanadaJun 2, 2023
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High lending rates, reluctant sellers kept Hamilton’s home sales down in April 2023: RAHBThe Realtors Association of Hamilton-Burlington (RAHB) reported an 18.2 per cent drop in city sales compared to April 2022 with the average home price at around $806,809.CanadaMay 2, 2023
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Hamilton-area home prices down 23% from last February, majority of sales priced below $800KFebruary sales dropped by almost 40 per cent across Hamilton, year over year. Sales for lower-priced properties, under $800,000, appeared to more appealing to buyers.CanadaMar 3, 2023
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Inventory increase suggests Hamilton area looking better for first-time buyers: RAHBRealtors Association of Hamilton-Burlington say final sales numbers for January are pointing to a shift in the market that may indicate stability despite rising interest rates.CanadaFeb 2, 2023
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Hamilton-area home sales slip 38% in December from 2021, show shift back to balanced marketRealtors in the Hamilton area say inventory was up in December 2022, primarily in homes above $800,000, precipitating a shift to a 'relatively balanced' market.CanadaJan 5, 2023
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Hamilton-area home sales down 42% from last year, listings up 2% from 2021: RAHBThe Realtors Association of Hamilton-Burlington (RAHB) says home sales in the city of Hamilton plunged 44 per cent from the previous year.CanadaDec 5, 2022
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