Hamilton, ON (February 1, 2022) – The REALTORS® Association of Hamilton-Burlington (RAHB) reported 718 sales of residential properties located within the RAHB market area through the Multiple Listing Service® (MLS®) System in January 2022. Sales decreased by 11 per cent in January, down 13.5 per cent compared to January 2021. New listings increased by 40.9 per cent in January, down 11 per cent compared to January 2021. The average price for residential properties was $1,058,756, which was an increase of 13.6 per cent from December, and an increase of 34.7 per cent compared to January 2021. The inventory of active listings remains low at 0.6 months.

*The news release will be posted to www.rahb.ca/market-stats/ on February 2, 2022.*

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Burlington

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