February Market Update: It's All About Inventory!
Thursday Mar 09th, 2017
February numbers are in!
The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,131 sales were processed through the RAHB Multiple Listing Service® (MLS®) System in February. Sales were five per cent higher than the same month last year and 9.8 per cent higher than the 10-year average.
It was the highest number of sales for the month of February since 2006. There were 1,527 properties listed across the board in February, an increase of 7.3 per cent compared to February of last year, but 9.8 per cent lower than the 10-year average.
Burlington snapshot is below. Scroll down to view the full report.