Modern house

RAHB realtors release April 2022 market statistics

The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,298 sales of residential properties located within the RAHB market area through the Multiple Listing Service® (MLS®) System in April 2022.

  • Sales were down by 20.7% month over month, and down by 31.3% compared to April 2021.
  • There were 2,451 new listings in April, which was down 3.6% month over month, and compared to April 2021, there was a decrease of 7%.
  • The average sale price for residential properties across the RAHB market area was $1,013,081, which was down 5.6% over the previous month, and up 18.2% compared to April 2021.
  • The inventory of listings increased to 1.2 months of inventory in April compared to 0.7 months in March. READ MORE >>

RAHB REALTORS® RELEASE APRIL 2022 MARKET STATISTICS

Luxury home in Hamilton, Ontario

April listings: Hamilton’s most and least expensive homes on the market

This month price tags varied from the low end of $399,000 to $3,999,999

house for sale sign

Changes including opt out choice on blind bidding coming to home buying in Ontario

The Canadian Press, April 19, 2022

TORONTO — The Ontario government is giving property sellers the option of disclosing the details of competing offers, but not going as far as to ban blind bidding.

Minister of government and consumer services Ross Romano said in a statement that sellers will get to choose if they want to “opt for an open offer process” and share bids.

“Sellers will no longer be limited to selling their property through a closed or traditional offer system,” he said.

Blind bidding, a practice where buyers bid for a home without knowing the size of competing offers, is pointed to by some as one of the drivers behind inflated home price gains. READ MORE >>

March listings: Hamilton’s most and least expensive homes on the market

Rents across the city are skyrocketing, while the inflation rate soars and housing prices continue to climb.

Hamilton is now the 18th most expensive city to rent an apartment in Canada.

If that’s got you considering home ownership, here’s a rundown of Hamilton’s least — and most (for the fantasy) — expensive house listings from March, according to Zoocasa.

Five lowest-priced homes

187 Lottridge St. was the city's lowest-priced home on the market for March, listed for $449,900.

187 Lottridge St.

First-time home buyers looking for a detached house in the lower city will be intrigued by this $449,900 price tag. READ MORE >>

Hamilton House for sale

Corktown semi listed at $449,900 needs ‘some love,’ says realtor

Corktown semi listed at $449,900 needs ‘some love,’ says realtor

The Augusta Street semi-detached home is just steps away from John Street South.

#HamOntHouseHunt is a regular feature looking at houses for sale in the Hamilton-area market. Have a tip? Email us at fhewitt@torstar.ca

Price: $449,900

Neighbourhood: Corktown

Features: Located in the downtown core and a short walk from the Hamilton GO Centre, this semi-detached home is one of just a handful of properties listed in the neighbourhood.

Read more >>