Hamilton Real Estate
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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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Hamilton household needed about $170K to buy a home in October: reportAn executive with mortgage broker Ratehub.ca says it actually got slightly easier to afford a house in Hamilton month over month.CanadaNov 27, 2023
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Hamilton-area Realtors report lots of inventory but fewer buyers through OctoberThe Realtors Association of Hamilton and Burlington says higher interest rates are causing more people to list their homes and increasing inventory.CanadaNov 2, 2023
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Why experts say predictability is returning to Ontario’s real estate marketIt was a pretty slow summer for real estate sales in many Ontario markets, was this a harbinger of things to come as we now enter one of the busier periods of the year?CanadaSep 21, 2023
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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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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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‘Serious buyers’ looking at homes in Hamilton despite continuing high borrowing costs: realtorLocal realtor Rob Golfi told 900 CHML's 'Good Morning Hamilton' it appears the market is beginning to 'pick up,' with offers over asking a bit more frugal than last year.CanadaApr 12, 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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