*Please note* Some Burlington documents below have been updated as of November 5. An error was discovered showing Burlington sales at 376; however, the sales number should have been 374. This error has been corrected.

The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,615 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in October 2020. Sales were down 7.6 per cent over last month and up 23.7 per cent over October of last year. New listings were down 12.8 per cent over September 2020 and up 5.5 per cent over last October. The average price for residential properties was $721,523, which was up 0.02 per cent from last month and up 19.8 per cent from October 2019. The number of active listings available at the end of the month was 39.8 per cent lower compared to the previous year.

*The news release will be posted to www.rahb.ca/market-stats/ on Tuesday, November 3, 2020.*

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