The REALTORS® Association of Hamilton-Burlington (RAHB) reported 913 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in December 2020. Sales were down 26 per cent over last month, but up 41.6 per cent over December of last year. New listings were down 47.9 per cent over November 2020 and up 34 per cent over last December. The average price for residential properties was $729,853, which was up 1 per cent from last month and up 25.4 per cent from December 2019. The number of active listings available at the end of the month was 52.5 per cent lower compared to the previous year.

*The news release will be posted to on Tuesday, January 5.*

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