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.
Here are our latest Top 3 Real Estate Statistics! Watch the video to see which neighbourhood received our community spotlight.#RAHB #RealEstate #REALTORS #HamOnt #BurlON #Haldimand #NiagaraNorth pic.twitter.com/0lVKXE6JgZ
— RAHBNews (@RAHBNews) October 2, 2020
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.