Low inventory of listings in Greater Hamilton, Burlington and outlying areas
(February 6, 2012 – Hamilton, Ontario) The REALTORS® Association of Hamilton
‐Burlington (RAHB) reported 819 property sales through the RAHB Multiple Listing Service® (MLS®) for the month of January, representing a 10.8 per cent increase in sales over the same month last year. RAHB also reported that 7.7 per cent fewer listings were taken in the month of January of this year compared to January of last year.
Seasonally adjusted* sales of all property types were 3.3 per cent higher than January 2011, with the average sale price increasing 4.6 per cent for the month. Seasonally adjusted numbers of new listings, however, were over 23 per cent down from the same month last year.
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