Three reasons to register your interest for an upcoming project

Written By: Nick Monteleone
Source: https://nexthome.ca/news/three-reasons-to-register-your-interest-for-an-upcoming-project/1281389/

In today’s pandemic world, marketing new real estate has forced us to rethink and retool. The days of joining hordes of chequebook-waving buyers into sales centres, and getting caught up in the excitement generated by these gatherings, are on hiatus. Marketers and sales people have had to get creative and rise to the new occasion. And indeed, we have – through virtual sales centres, online buying, downloadable brochures, site plans, floorplans and easily accessible virtual walk-throughs. It’s now not only possible but it’s easier than ever to buy a home online.

What hasn’t changed is the need to build qualified registrations in order to create a robust database of potential buyers. To sales people, this list is gold; it is their most important selling tool. As marketers, we focus on getting people to register. Our success is measured in the number of registrations a project receives. Our greatest success is measured in the ratio of conversions of these registrations to sales. Obviously, getting qualified, motivated registrants into a database takes very specific knowledge and expertise.

But what’s in it for individuals to register? Why should someone seeking to buy a new home or condo, register? There are three important reasons to do so.

1. Early notice

If you’re interested in buying and you want first choice of homes, lots, suites and views, it’s smart to register. As a registrant, you will receive information about the project before it opens to the general public. You will also have the opportunity to buy before the public. Typically, registering for a project is the “call to action” on ads, in social media, on signs and flyers. Prospective buyers simply click on or go to a website that provides a form for them to fill out.

2.  Personal preferences

Registering your interest includes filling out a form that asks you about personal preferences for number of bedrooms, family size, type of home you are seeking and your price range. This helps the sales team that receives your information send you relevant choices, which makes the process more efficient.

3.  Promotions and incentives

By registering, you will be first to receive information about promotions and incentives that the builder makes available from time to time. Some developers offer significant incentives to their registrants – such as free parking spaces, lockers, appliances, E-bikes and large cash discounts, including decor dollars on upgrades. People who don’t register really miss out on excellent opportunities to save money and receive valuable inclusions.

Why do people hesitate to register?

Our research shows that people who hesitate to register are afraid of being harassed by sales people and pressured into buying. They are afraid they will receive non-stop emails about the project that will clutter up their inbox. They are worried that their personal information will be compromised.

The reality is that, in most cases, a registrant has to ask for a sales person to contact them. The advantage of talking to a sales person is that you get the information directly, and you can get all your questions answered.

Most often, registrants will receive email updates about the project every other week. As the project gets closer to opening, these emails might increase in frequency to provide you with the opportunity to buy before the official launch. Consumers can opt out of receiving these emails at any time.

People who are concerned about having their information compromised can easily protect themselves by setting up a dedicated email account to register their interest in potential projects. By doing so, you not only limit your exposure, you can also easily shut down this address when you no longer need it.

The advantages of registering far outweigh any disadvantages. Registering provides the ability to save thousands of dollars, get first choice of product and receive incentives and upgrades that are reserved specifically for registrants.


1703-2025 Maria Street

$1,985,000

View the listing here!

Rarely offered sun-filled corner penthouse suite located in the prestigious Berkeley condominium, downtown’s boutique hotel inspired residence.  This 2 bed + den, 2.5 bath suite has excellent N/W sightlines capturing panoramic city, lake, beach, bridge & escarpment views. Fitted w/ custom draperies, UV film on all windows & black out drapes in primary bedroom & den.  Upgrades include: 10 ft ceilings, pot lights, custom navy Barzotti kitchen w/ quartz counter tops & extended island w/ additional storage, bread & spice drawers, solid piece backsplash, Summerhill hardware, touchless faucet, apron sink, B/I wine fridge.  Monogram appliances: induction cook top, 30″counter depth panelled fridge, panelled D/W, oven & additional Advantium Speed wall oven. The primary bedroom retreat has excellent space for furniture placement, private balcony, a fully upgraded spa inspired ensuite bath complete w/ heated floors, oversized shower, double vanity & bidet. The custom W/I closet is fitted w/ anchored safe, built in wardrobes & hanging space.  2nd bedroom complete w/ double closets & ensuite bath w/ heated floors. The den captures lake views & is fitted w/ custom built in cabinetry. The condo boasts a spacious wraparound terrace fitted w/ a gas line for BBQ hook up. This property includes two underground parking spots (Level B 31 & 44) and two storage lockers (Level B#60, Level 4 #24).

For More information email: info@daviescondos.ca


410-2045 Appleby Line

$2,200/Mth

To learn more about the unit, click here!

Available: April 15th, 2021
Term: 1 Year
Includes: 1 Parking, 1 Locker & Water.
Size: 1013 sf

For More information email: info@daviescondos.ca


How to Decorate Small Spaces Like a Pro

Written By: Elizabeth Stamp
Source: https://www.architecturaldigest.com/story/decorating-small-spaces
Decorating small spaces can feel like an impossible puzzle. You want to fit as much in as possible, but the room mustn’t feel cramped. You want it to be filled with personality, but it can’t look chaotic and cluttered. But it’s possible to have a small space that’s as stylish (or perhaps even more so) as their sprawling counterparts. Whether you’re starting out in a studio apartment or choosing to live a more minimalist existence, you don’t need to sacrifice style. We’ve gathered our favorite ideas for decorating small spaces to help you tackle your own petite dwelling.

Keep the Floor Clear

You need space for the essentials, but even the most perfectly decorated small room doesn’t work if you can’t walk in it. Try floating pieces, such as shelves and nightstands, to keep the ground clear of obstacles and create space for extra storage beneath if needed. Opt for sconces and wall lights rather than floor lamps.

Go for Folding Pieces

You may need a desk and a dining table, but do you really need them 24-7? Consider installing furnishings that can fold up when not in use. You’ll free up floor space and avoid the stacks of mail and work that inevitably pile up on these surfaces. If you have a one-wall kitchen, folding doors can conceal clutter when not in use.

An EllwoodLomax dropfront desk in the living room

Focus on Lighting

Small spaces can often end up feeling dark due to small or nonexistent windows. Make up for the lack of natural light by adding plenty of light sources in every room, from the kitchen to the bedroom. Combine striking ceiling fixtures—either a pretty pendant or elegant flush mount, depending on your ceiling height—with sconces or table lamps for a cozy and bright atmosphere.

Mirrors Are Your Friend

If you’re not blessed with an abundance of natural light, mirrors can help you make the most of what you do have by reflecting it around the room. Mirrors can also help make the space feel bigger, giving the illusion of a few more square feet. Consider lining a wall with a large mirror or creating a gallery wall of different sizes and shapes.

Choose the Right Rug

A rug is the one item you definitely don’t want to skimp on, size-wise. A tiny rug will make the room feel equally small. Pick a floor covering that’s large enough so most of the furniture will sit on it, or go wall-to-wall.

Don’t Be Afraid to Go Bold

Having a small space doesn’t mean it has to be a white box. You can still go bold with color and embrace the size of your apartment. A darker shade of paint on the walls and ceiling can make the space feel like a jewel box.

Keep It Cohesive

There are only so many things to look at in a small space, so make sure they all fit. Stick to a limited color palette, whether it’s light and airy or dark and dramatic. Looking at items with an editor’s eye will help make sure pieces really belong and keep the space from becoming cluttered.

Find Pieces that Earn Their Place

Make the most of your space by finding furnishings that also boast storage. Opt for a bed with built-in drawers or benches and ottomans with space to hide away extra blankets or sweaters. In a small space, every piece needs to pull its weight: A daybed can serve as both a sofa and a guest bed.

Image may contain Indoors Room Bedroom Furniture Bed and Dorm Room

Let Pieces Breathe

Nothing screams “I don’t have enough room” quite like furniture pressed up against the wall and tucked so tightly together that it’s practically stacked. Pull furnishings away from the wall if you can and make sure there’s space between pieces. (You may have to get rid of anything that isn’t used on a daily basis, like side tables or accent chairs.)

Play With Scale

There’s no need to use pint-size furniture and decor in a small space. The key is choosing a few statement pieces that will really draw the eye. You can use regular-size furniture and large-scale art; you’ll just need to use fewer pieces in the room overall.


Open shelving and why it’s worth taking a closer look

Written by:  Linda Mazur

Source: https://myhomepage.ca/open-shelving-worth-taking-closer-look-oct2020/

We have been seeing the trend of open shelving in kitchens for a few years now, and it doesn’t look like it’s going away any time soon. We love the open shelf look in kitchens and try to incorporate often in our designs. It’s not a look that necessarily works for everyone, or for every space, but when possible, it’s a nice way to inject a little modern vibe to your space

There are many benefits to introducing open shelving in your new kitchen plans. Eliminating stretches of closed-door cabinetry can visually create a more spacious and brighter look in your kitchen. Removing cabinetry, especially those around windows, can often allow for greater natural light to fill the room and produce a lovely look and feel. This all helps to create a warm and welcoming feel in your kitchen.

The one resistance I always encounter to open shelving has to do with clutter and the dust. However, once you commit to open shelving in the kitchen, you will likely quickly commit to decluttering and keeping them looking pretty. Closed door cabinetry hides your mess, so basically you end up not really noticing how disorganized and cluttered your kitchen really is. Clients often initially object to open shelves in the kitchen, then end up loving the simplicity, organization and functionality of their new approach. There’s simply no longer a hidden junk zone.

When planning your kitchen design, one thing to keep in mind also is that open shelving is a great budget friendly option to full cabinetry. It’s also useful if you just want to give your kitchen a quick facelift. Removing a few cabinets, introducing some open shelving and applying a quick coat of paint can be an economical way to add new life to your space, if a full renovation isn’t in the budget or part of the plan for a while.

If you’re a collector or have special mementos, the open shelving option is for you. Why keep your grandmother’s pretty serving pieces hidden in a cabinet, when you can see and enjoy them daily? Create stylish little vignettes on your shelves by incorporating heirloom or collector pieces with plants, artwork, glassware and your everyday pieces to personalize your space giving it a look all your own. You can also change these vignettes according to the seasons… A vintage Christmas cookie jar on display with some fresh greenery and various other festive pieces is the perfect way to add some holiday cheer to your kitchen.

Open shelving is also a great way to address functionality or any issues with odd corners and unusable space in your kitchen, instead of instead of trying to fit an awkwardly shaped, and likely under-used, cabinet. It also allows you to efficiently use a lot of wasted space that may not be conducive to cabinetry, especially when considering small space kitchen design. Open shelves can be installed just about anywhere to afford you additional storage space, for example, over windows and doorways.

Yes, open shelves are a trendy look in the kitchen, but its a look that affords many benefits. Take the opportunity to bring out those pretty dishes from behind closed doors to give your kitchen a personal touch!


COVID-19: Burlington moving to level red in Province’s COVID-19 framework

Burlington, Ont. — Feb. 12, 2021 — The City of Burlington is preparing to resume some city services and programs following an announcement today by the provincial government that Halton Region, including the City of Burlington, will move to level red in the Province’s COVID-19 framework, effective Tuesday, Feb. 16 at 12:01 a.m.

A complete list of the public health and workplace safety measures for each zone under the colour-coded response framework is available at the Province of Ontario’s website.

Under level red, the city services listed below will be delivered as follows: Learn more

Source: https://www.burlington.ca/en/modules/news/index.aspx?newsId=589522cf-4f49-4c5f-93f1-fa4920136dfa


10 Decluttering Projects You Can Do in 15 Minutes or Less

Written By: Laura Gaskill
Source: https://www.houzz.com/magazine/10-decluttering-projects-you-can-do-in-15-minutes-or-less-stsetivw-vs~81853344
Let’s face it: Clearing clutter doesn’t usually top our list of fun things to do. Sure, the joy of a clutter-free space is something we can all get behind, but finding the time (and the motivation) to make it happen is quite another matter. That’s where quickie clutter clearing comes in. Instead of waiting for that mythical perfect storm of ample time, energy and motivation to appear (spoiler alert — it’s not coming), why not take the reins and decide to make progress, one tiny project at a time? Here are 10 easy places to begin. Ready, set, start that timer.
1. Food Storage Containers
Open up that messy Tupperware drawer and pull everything out. Match up the containers with their lids (check the dishwasher too) and toss or recycle mate-less pieces. Stack everything up neatly and return it to the drawer or cabinet. Use the dimensions of this space as a physical limit and give away containers that won’t fit comfortably in the space available.
2. Fridge Door Condiments
Unload the whole sticky mess onto the kitchen counter. Check expiration dates and toss out anything past its prime — as well as any condiments you bought but did not like. Wipe the bottoms of the containers with a damp sponge before returning them to the fridge. If you want to be extra-organized about it, put sweet condiments on one shelf and savory condiments on another.
3. Utensil Jar
Check out that crock of utensils near the stove — are all the pieces in it tools that get daily (or near-daily) use? Do you really need all those spatulas? Take everything out of the jar and put back only the items you reach for often. If there are tools you want to keep but don’t need to access daily, move them to a different spot. The prime real estate nearest your stove should be reserved for true essentials.
4. Pen Cup
First, scoop up all the pens and pencils that are not actually in the pen cup, but instead are strewn randomly around the kitchen counter, dining table and any other flat surface in the area. Once you’ve gathered them all in one place, grab a blank sheet of scratch paper and start testing. Toss out pens that are out of ink and put your favorites back in the pen cup.
If you have 5 million pens and pencils (joking … sort of), set them aside to donate. Many school districts and some nonprofit organizations are happy to receive donations of office supplies in good condition.
5. Sock Drawer
Open up that drawer and pull out all the socks and tights. Match up pairs, and inspect each set for holes and worn areas. Fold the sets that have mates and are in good condition, and return them to the drawer. Bring the mate-less socks to the laundry area and check for mates before giving up on them.
When you’re done, toss all mate-less socks, as well as any socks or tights with holes, into a bag to bring to your local clothing recycling donation bin (search “textile recycling drop-off” and your city to find a bin near you).
6. Shower Products
Pull all the products out of your shower and place them on the sink. Recycle the empty bottles and move infrequently used items to a drawer or cabinet. Have some products that you tried but didn’t like? Give it away or take it back. Depending on the store, you may still be able to get a refund — otherwise, pour out the product and recycle the container. Yes, it’s a waste, but letting a product you’re never going to use take up valuable space in your shower isn’t helping anyone. When you’re done, place your favorite everyday products back in the shower.
7. Laundry Supplies
Check your laundry room for empty bottles of detergent and stain remover, and put these in the recycling bin. Put random items pulled from pockets where they belong. Straighten up the remaining supplies and wipe the counter clean.
8. Dish Towels
Dish towels seem to get ratty when we’re not looking. Pull out all your dish towels and inspect them. Fold and put away the ones in good condition, and set aside the others to bring to a textile recycling bin or to cut up for use as rags. But don’t go overboard on the use-them-as-rags thing — there are only so many rag towels we really need, and then it’s just creating more clutter.
9. Magazines and Catalogs
Gather up all your magazines and catalogs in a pile. Go through the stack, one by one, setting aside current issues that you still want to read, and recycle the rest. If there is an article you want to save, cut it out — or (if you really want to reduce paper clutter) check if the same content is available online and bookmark it instead of saving a paper copy.
10. Entryway Drop Spot
Put pocket change in a cup, recycle junk mail, hang up coats and put away any items that have migrated here from other areas of the house. If there are library books or other items waiting to be returned, take a moment to carry them out to the car so that they’re ready and waiting (and not cluttering up your entryway).

Why My Family Loves Our Condo Lifestyle

Written by Rachel Kinbar

While single-family homes are the dreams of many, my family has found condo living to be the perfect lifestyle for us. Don’t believe me? Let me tell you about the amenities, location, and community that let us spend more time living and doing the things we love.

Convenience

Convenience is a biggie for any homeowner, and condo living allows us to take advantage. Within our building, friends are nearby to help with carpooling to school (for mom and dad) and arranging playdates (for our kids). A small grocery store, the post office, two cafes, and a park are all within walking distance; a short drive adds an elementary school, a movie theater, eateries, shops, and medical resources to the list.

That’s not to mention the amenities that come standard in most condo buildings. We have a heated pool that we don’t have to lift a finger to maintain, and a community garden that lets me enjoy nature without having to deal with major landscaping and maintenance. Chris Murphy, who runs the Baby & Life blog with his wife, loves that, in their condo, “the blistering heat of summer and bone-chilling cold of winter are not a factor” thanks to the indoor athletic courts; their kids have built-in entertainment spaces year-round.

Having these resources within the building cuts down on commute time for my family – when my kids want to socialize, traffic doesn’t cut into play time. Plus, I can spend weekends traveling to visit family and friends instead of dealing with maintenance, such as landscaping.

Community

We don’t live in a large building, but there are over a dozen other families with elementary-aged children. Our kids not only have friends to play with, but there are people nearby in a similar phase of life, facing similar challenges. For us, condo living provides a balance between privacy and community. Having a nearby support network to supplement our religious community and family and friends further afield adds to the rich tapestry of our relationships. The proximity of our neighbors also gives us a feeling of great security.

The condo board does an excellent job of organizing activities and events for residents, which vary from family-friendly movie nights to adult-only cocktail evenings. Once a month, they even arrange a fun-filled and supervised evening for kids so we parents can get out for our own fun time.

If you think our condo community is an exception, think again! “We feel extremely fortunate to be able to give our sons this kind of childhood. They’re surrounded by friends — 50 kids in the building, and counting,” says Jackie Burns, who lives with her husband and two kids in a high-rise condo. “Over the years, the condo parents have come together to organize swimming lessons, tennis lessons, and a weekly chess club. There are cooking lessons in the condo’s restaurant and the children gather to make greeting cards to bring to patients at nursing homes and hospitals.” No matter which condo you live in, the emphasis on developing a sense of community remains consistent.

Value

Considering the location, the size of our home, and all of the amenities and community perks, our condo offers incredible value. Owning a single-family home in this part of the city would be unaffordable for us, between the price tag of the house itself and the cost and hassle of upkeep. Not to mention we’d have to wave goodbye to a lot of the benefits we’ve become accustomed to! Some people really want a backyard with a swing set, but we’re happy with our condo’s playground and the nearby park.

Before buying our condo, we rented a home, but it came to be more than our mortgage and condo fees combined because of its size and location. When we learned we could save money, have access to wonderful community resources, and own property that appreciates faster than a single-family home, we were hooked!

Everyone has their preferences when it comes to housing, and there are many families who find that condo living is the right lifestyle for them. We certainly love living in a condo and can’t imagine living anywhere else! Curious about what condos are available in your city? Start your search online at NewHomeSource.com.

Source: https://www.newhomesource.com/learn/why-families-love-condo-lifestyle/


nesto: Canadians still exhibiting strong interest in purchasing real estate

Written by Ephraim Vecina 03 Feb 2021

At the end of January, approximately 60% of Canadians were looking to buy new property, while nearly 58% said they preferred to use a 5% down payment, according to online brokerage nesto.

Quebec and Ontario were the main drivers of these trends, with 65% to 70% of nesto’s new property application requests from these markets being from users who have just started looking for a home.

nesto aadded that the COVID-19 pandemic remains a major factor in consumers’ general habits and will continue to impact home-buying patterns for the foreseeable future.

“Mortgage rates are still going down, despite the fact that we thought they were already at the lowest they could possibly be in 2020, and it certainly influences our Canadian users’ behavior as well,” nesto said in its analysis.

Record-low rates will also continue to motivate market activity. nesto reported that its best insurable variable rate is now at 1.3%, which was fully 1.65% lower than the level seen just a year prior.

“Fixed and variable rates for the same category (insured or insurable) remain close to each other, especially insured rates, with only a 0.04-0.1% difference between them compared to the usual 1.00% in previous years,” nesto said.

The brokerage pointed to a crucial difference between the current market and the conditions of years past.

“In a normal environment, lenders could and likely would increase the discount offered with their variable rates in order to increase the attractiveness of the product and balance their fixed vs. variable selling ratios,” nesto said. “Today, we’re not seeing enough reduction to the variable discounts in order to influence consumer decisions.”

Source: https://www.mortgagebrokernews.ca/news/nesto-canadians-still-exhibiting-strong-interest-in-purchasing-real-estate-337468.aspx#:~:text=nesto%3A%20Canadians%20still%20exhibiting%20strong%20interest%20in%20purchasing%20real%20estate,-At%20the%20end&text=%E2%80%9CMortgage%20rates%20are%20still%20going,nesto%20said%20in%20its%20analysis.


Maximizing Your Square Footage for Resale!

Maximizing Your Square Footage

Maximizing Your Square Footage – If you are selling a condo or a townhouse with less than 1300 square feet of living space, you need to highlight the fact that even a small living space can offer a lot by simply staging it to show off the best features. A fireplace, balcony or patio and the number of bathrooms are most definitely excellent selling features that should be showed off.

LESS IS MORE

When maximizing your square footage, remove furniture, personal items (computer table, stationary bike, kids toys, etc.), and décor that makes the place feel crowded. Keep the furniture down to a basic 7-piece living room set (including sofa).

KEEP THE WALL ART TASTEFUL

It is essential to remove all personal photos and leave wall décor that’s very neutral in color, texture, and print. Any expensive paintings or possessions you are emotionally attached to should be packed up and stored away.

CLEAR ALL COUNTERTOP AREAS

All kitchen or bathroom countertops should be cleared off. Only the items representing room functionality (cooking oils, mixer, coffee maker or a soap dispenser) should be left on the counter (3 at the most).

CLEAR OUT YOUR CLOSET, PANTRY AND FRIDGE

These are the areas all potential buyers look into. Downsize your closet by packing clothes you don’t need. Create a visually appealing closet space that makes a buyer have an “aha” moment thinking: “I can fit even more in here!”

MAKE SURE YOU STAGE YOUR OUTDOOR AREA

Even a small balcony or patio adds a lot to a small condo or townhouse. A small grill and dining table or lounging area have an incredible impact on a buyer’s decision making. – Karolina Jandera, www.TheStagingShop.ca

Maximizing Your Square Footage

Using a simple color scheme like gray and white is a great way to keep a small space from feeling too busy but it can also get boring. In this property, we added a few touches of a bold ginger yellow for a pop of color that adds interest without overwhelming the space. – Ariel Fu, www.newconcepthomestaging.com

Maximizing Your Square Footage

When working with a small space, it is important to use furniture that is proportionate to the space. You want to be able to move freely around the room. Other easy tricks that work well in any small space include using lighter colors to create a more open and airy feeling and choosing glass table tops that take up less visual space. – Amanda Shields, www.amandashieldsinteriors.com

 

Source: https://canadianhometrends.com/maximizing-your-square-footage-for-resale/


Small but Mighty!

Are you thinking about a bathroom remodel but find the whole process overwhelming? Are you working with a super small space and want to get the most storage possible? I can help! Here are five simple steps that you can use to design your own bathroom oasis:

Vanity

With any space, I always choose the biggest piece of furniture first – even in a small area. In a bathroom, that would be the vanity. Always remember to measure to allow for the biggest vanity possible because of, well… storage. That’s my main priority, anyways.

 

Faucets & hardware

Up next, it’s time to choose your faucets and hardware. This can be a daunting task, but think about how these items will work with your overall aesthetic. When in doubt, select a classic design. Once you decide on the faucet and the configuration, you’ll need to decide on the finish. I like to choose a finish that has spot defence. This prevents fingerprints and watermarks – woohoo! So, for a bathroom that’s going to get a ton of use, it’s a wise choice.

 

Tile

When it comes to tile, you’ll want to work with the tones of your vanity. My biggest tip for choosing tile for a small space is to keep it consistent. When you use the same tile on the floor and in the entire room, it makes the space look bigger. Another tip is to use a lighter colour on the floor, so it draws your eye upwards. This can also give the illusion of a larger space. I ended up going with a large, warm grey tile. I needed something that would be easy to clean, as I know this bathroom will get a lot of traffic. Bigger tiles and less grout was the way to go.

 

 

Lighting

Time to choose your bathroom lighting. First, start by deciding which type of light will work best in your space. Don’t feel like you need to choose small light fixtures for a small room. This can actually enhance how petite your area looks and feels. Instead, select options that allow the most light into the space and help to enhance the overall design. My rule of thumb for finishes is to stick with two in a bathroom. When you start to add more than that, it can make things look busy and cluttered.

 

Wall treatments & accessories

The last thing you’ll want to decide on is the accessories and wall treatments for your space. Wallpaper always adds so much character and can be so cost effective in small spaces. I love using baskets as garbage cans or just as decoration. A really simple trick is to fill one with toilet paper rolls – practical, pretty and a little extra storage, too.

Source: https://issuu.com/wall2wall/docs/013021_renoanddecor_ontario_edit_05

 


Create a Gallery Wall!

Have you ever wanted to create a gallery wall but don’t know where to start? It can take a lot of time to choose the right images and organize the layout just right. Desenio has a great line of gallery wall posters in a variety of colours, decor styles and finishes to suit your distinct style. Just select the gallery wall that you love, and voila the images are already organized for you according to size and style.

Source: https://issuu.com/wall2wall/docs/013021_renoanddecor_ontario_edit_05

 

 

 


2020 Year-End Stats are Here!

“After a slight slowdown in March and April, the RAHB real estate market rebounded with abundance, creating record break numbers throughout 2020,” says RAHB’s 2021 President, Donna Bacher. “The 2020 real estate market was faced with uncertainly; however, RAHB REALTORS® worked together to ensure that the buying process was done safely and efficiently. Looking to 2021, we don’t know what the future holds; we do know for certain that RAHB REALTORS® will continue to work diligently to keep both buyers and sellers safe.”

When the residential statistics are broken out into the four main RAHB market areas, Hamilton experienced a 9 per cent decrease in listings, a 10 per cent increase in sales, and a 18 per cent increase in average price to $629,961; Burlington saw a decrease in listings by 4 per cent, an increase in sales by 6 per cent, and an increase in average price by 16 per cent to $878,372; Haldimand saw a 19 per cent decrease in listings and a 18 per cent increase in average price to $547,355, while the number of sales increased by 7 per cent; and Niagara North saw a 11 per cent decrease in listings, a 11 per cent increase in sales, and an increase in average price by 15 per cent to $664,921.

Broken down further by community, Ancaster and Dunnville experienced the highest percentage increase of sales at 26.7 and 22.4 per cent, respectively, and the Hamilton Mountain saw the highest total number of sales at 2,113. The largest drop in number of sales was experienced by Dundas, falling from 323 to 304 sales.

The highest average sale price was held by Flamborough at $969,322, and the largest percentage increase was held by Seneca at 29.7 percent, from $631,242 to $819,178. No communities experienced a drop in average price and 19 communities saw double-digit increases in average price.

“When interpreting the statistics, it is important to remember that communities can have many different types of properties – large and small, as well as urban, suburban and rural,” says RAHB President Donna Bacher. “For example, one large farm sale could skew the average price up more than what was experienced in that overall area. That’s why it is so important to work with a local REALTOR® when selling or buying your home – they know the market trends for your neighbourhood and have the tools to help you.”

With respect to property style, single-family properties experienced an increase in the number of sales in Hamilton and Haldimand County by 2.7 per cent and 1.8 per cent, respectively. Single-family properties in Burlington saw a decline of 3.8 per cent and single-family properties in Niagara North saw no change. Apartment-style property sales were up across most of the RAHB market area. Apartment-style property sales increased the largest in Niagara North compared to 2019 – 56.2 per cent. Townhouse sales in Hamilton saw the largest increase – 10.4 per cent. Detached homes, townhouses and apartment-style properties in all of the RAHB market areas experienced an average price increase.

“The clear trend for 2020 was that detached properties and townhomes outperformed apartment-style properties; however, this year we did see apartment-style properties still performing well. Buyers are still leaning towards the detached market that offers them more utility and space,” says Bacher.

Commercial properties within the RAHB market area experienced an increase in number of sales, as well as average price. Hamilton saw the highest number of sales at 96 and the highest dollar volume at $91,915,100.

The total dollar volume of all sales made by RAHB Members (residential and commercial) within the RAHB market area was $145,534,032 – up $21,866,032 — representing a 17.6 per cent increase from 2019.

Specific neighbourhoods within the overall RAHB market area see results that often differ from the average of the entire RAHB market area. Because neighbourhoods vary, determining the right price and conditions when buying or selling a property can be challenging. RAHB REALTORS® have the local experience, knowledge and tools to help buyers and sellers make those big decisions.

*Average sale price is based on the total dollar volume of all properties sold through the RAHB MLS® System. Average sale price can be useful in establishing long-term trends, but should not be used as an indicator that specific properties have increased or decreased in value. Talk to your local RAHB REALTOR®.

Source: https://www.rahb.ca/rahb-realtors-release-2020-year-end-statistics/


December Stats are Here!

Hamilton, ON (January 5, 2020) – 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 25.95 per cent over last month, but up 41.6 per cent over December of last year. New listings were down 47.87 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 1.04 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 52.2 per cent lower compared to the previous year.

“We can see that the market has slowed from November, which is normal due to the holiday season, as well as increasing COVID-19 cases throughout the province, and more regions in Ontario placed into lockdown throughout December,” says RAHB President Donna Bacher. “Despite being in either the Red Zone (Control) or Grey Zone (Lockdown) throughout December, we do not see the effects on the number of sales and new listings that we did in the spring lockdown. This activity could be the result of continued low interest rates, coupled with increasing consumer confidence due to the approval of the COVID-19 vaccine in Canada.”

The number of sales of single family properties within the entire RAHB market increased in December 2020 by 37.8 per cent compared to the same month last year, the number of new listings was up 34 per cent over last year, and the average sale price increased by 29.3 per cent to $829,226. Townhouse sales activity across the entire RAHB market area increased from December 2019 by 52.8 per cent, new listings were up 48.7 per cent, and the townhouse average sale price increased by 23.3 per cent to $615,775. Apartment-style property sales increased by 43 per cent from December 2019, new listings increased by 44.5 per cent, and the average price increased by 9.7 per cent to $472,330.

“The combination of record December sales and normal December listing activity resulted in lower listing inventory, putting upward pressure on house prices in the RAHB market area. The continued shift in demand to single-family homes has also contributed to the strong price growth,” says Bacher. “In December, townhomes saw the largest increase in the number of sales and new listings. For buyers seeking more living space, townhomes are often the most affordable option.”

Specific neighbourhoods within the overall RAHB market area see results that often differ from the average of the entire RAHB market area. Because neighbourhoods vary, determining the right price and conditions when buying or selling a property can be challenging. Local RAHB REALTORS® have the experience, knowledge and tools to help buyers and sellers make those big decisions.

Bacher adds, “RAHB REALTORS® will continue to work with clients to ensure their housing needs are met and will continue to use virtual technology to assist buyers and sellers during COVID-19. If you are entering the market as either a buyer or seller, working with a local RAHB REALTOR® will help ensure your real estate transaction is both successful and safe.”

**Average sale price can be useful in establishing long-term trends but should not be used as an indicator that specific properties have increased or decreased in value. Talk to your local REALTOR®.

 

Source: https://www.rahb.ca/-5/


November Stats are Here!

Hamilton, ON (December 2, 2020) – The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,233 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in November 2020. Sales were down 24.12 per cent over last month, but up 17 per cent over November of last year. New listings were down 28.98 per cent over October 2020 and up 16.3 per cent over last November. The average price for residential properties was $722,317, which was up 0.11 per cent from last month and up 21.2 per cent from November 2019. The number of active listings available at the end of the month was 40.8 per cent lower compared to the previous year.

 

“What we can initially see is that the market has slowed from last month, and this is due to the colder weather, the COVID-19 cases increasing throughout the province, and Hamilton/Burlington moving to Red Zone as of November 16 where open houses are now banned,” says RAHB President Kathy Della-Nebbia. “An extremely low number of active listings at the end of each month is continuing to drive average prices higher. It’s a vicious cycle of sellers not listing their homes until they are confident they will find another home to buy.”

The number of sales of single family properties within the entire RAHB market decreased in November 2020 by 3.8 per cent compared to the same month last year, the number of new listings was down 10.5 per cent over last year, and the average sale price increased by 24.4 per cent to $812,912. Townhouse sales activity across the entire RAHB market area increased from November 2019 by 15.2 per cent, new listings were up 19 per cent, and the townhouse average sale price increased by 17.6 per cent to $606,367. Apartment-style property sales increased by 14.8 per cent from November 2019, new listings increased by 37.3 per cent, and the average price increased by 1.4 per cent to $455,238.

“The activity for single family properties was slower, and this is most likely because fewer sellers chose to list their homes during this time,” says Della-Nebbia. “We can also see that towns and apartments are still quite active, but their average price did not increase as much as single family properties, and so this could indicate that single family properties are still much more in demand – this would make sense during these times as we see a movement towards homes with more elbow room and outdoor space.”

Specific neighbourhoods within the overall RAHB market area see results that often differ from the average of the entire RAHB market area. Because neighbourhoods vary, determining the right price and conditions when buying or selling a property can be challenging. Local RAHB REALTORS® have the experience, knowledge and tools to help buyers and sellers make those big decisions.

Della-Nebbia adds, “These unprecedented times are where the services of a local RAHB REALTOR® are invaluable. We will continue to work to ensure housing needs are met, while working to keep clients safe and healthy.”

**Average sale price can be useful in establishing long-term trends, but should not be used as an indicator that specific properties have increased or decreased in value. Talk to your local REALTOR®.


October Stats are Here!

Hamilton, ON (November 3, 2020) – 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 trends this Fall are not reminiscent of what we would normally see – with October activity slowing slightly compared to September – and this is due to 2020 not being a typical year,” says RAHB President Kathy Della-Nebbia. “As a result of COVID-19, we experienced a delayed Spring market and a surge in record activity over the Summer months when the province began to reopen. As a result of this unstable year, active listings at the end of each month are some of the lowest we’ve seen, exacerbating low inventory levels and continuing to drive average price.”

The number of sales for single family properties within the entire RAHB market increased in October by 13.3 per cent compared to the same month last year, the number of new listings was down 14.7 per cent over last year, and the average sale price increased by 19.4 per cent to $795,415. Townhouse sales activity across the entire RAHB market area increased from October 2019 by 18 per cent, new listings were up 9.1 per cent, and the townhouse average sale price increased by 16.6 per cent to $603,229. Apartment-style property sales increased by 32.8 per cent from October 2019, new listings increased by 78.8 per cent, and the average price increased by 9.7 per cent to $475,945.

“If demand remains high and the economy doesn’t shut down, we may not experience the slow down we saw with the first wave. The activity more likely to slow down is new listings, which will cause a further problem with supply and demand, and prices will continue to increase,” says Della-Nebbia. “These unprecedented times are where the services of a local RAHB REALTOR® are invaluable. We will continue to work with clients to ensure their housing needs are met, and will continue to use virtual technology and sanitary measures to combat COVID-19.”

Specific neighbourhoods within the overall RAHB market area see results that often differ from the average of the entire RAHB market area. Because neighbourhoods vary, determining the right price and conditions when buying or selling a property can be challenging. Local RAHB REALTORS® have the experience, knowledge and tools to help buyers and sellers make those big decisions.

**Average sale price can be useful in establishing long-term trends, but should not be used as an indicator that specific properties have increased or decreased in value. Talk to your local REALTOR®.

*The above Residential Market Activity Table was updated as of November 5, 2020. A slight error in the Burlington data was found – the previous table read “376” when it should have read “374”.

Source: https://www.rahb.ca/rahb-realtors-release-october-2020-market-statistics/

 


September Stats are Here!

Hamilton, ON (October 2, 2020) – The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,751 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in September 2020. Sales are up 37.67 per cent over last month and up 53.9 per cent over September of last year. New listings are up 32.67 per cent over August 2020 and up 8.5 per cent over last September. The average price for residential properties was $721,354, which is up 3.8 per cent from last month and up 19.8 per cent from September 2019. The number of active listings available at the end of the month was 40.4 per cent lower compared to the previous year.

 

“September is typically a busy month as we move into the Fall market; however, activity was some of the highest we have seen. Sales significantly increased in September over last month and last year, and average price was up 10 to 20 per cent in all of our major RAHB communities for those same time periods,” says RAHB President Kathy Della-Nebbia. “We also saw an increase in new listings in our area; however, there is a low number of active listings, which was down in September by over 40 per cent compared to the same month last year. This low inventory is driving the average price higher.”

The number of sales for single family properties within the entire RAHB market increased in September by 39.5 per cent compared to the same month last year, the number of new listings was down 10.6 per cent over last year, and the average sale price increased by 19.6 per cent to $804,408. Townhouse sales activity across the entire RAHB market area increased from September 2019 by 56.1 per cent, new listings were up 16.2 per cent, and the townhouse average sale price increased by 17.3 per cent to $599,368. Apartment-style property sales increased by 37.6 per cent from September 2019, new listings increased by 17.6 per cent, and the average price increased by 15.4 per cent to $467,883.

“Consumer confidence greatly increased over the Summer when the province moved into stage three of recovery, and we saw market activity increase. This would have usually occurred in the Spring, but COVID-19 had a tremendous effect on the market at that time,” says Della-Nebbia. “As schools have reopened and more people go back to work, we are seeing the number of COVID-19 cases increase and we could see the effects of this on activity further into the Fall if we are unable to flatten the curve of the second wave.”

 

Della-Nebbia adds, “RAHB REALTORS® will continue to work with clients to ensure their housing needs are met, and will continue to use virtual technology and sanitary measures to combat COVID-19. If you are entering the market as either a buyer or seller, working with a local RAHB REALTOR® will help ensure your real estate transaction is both successful and safe.”

 

Specific neighbourhoods within the overall RAHB market area see results that often differ from the average of the entire RAHB market area. Because neighbourhoods vary, determining the right price and conditions when buying or selling a property can be challenging. Local RAHB REALTORS® have the experience, knowledge and tools to help buyers and sellers make those big decisions.

(Trends are calculated from data collected through RAHB’s MLS®.)

*PLEASE NOTE* – As of October 7, 2020, the Residential Market Activity Table for RAHB Areas, RAHB Residential Activity Map, and Top 3 Stats video have been updated with new data. We discovered an error and have corrected it.

Source: rahb.ca/september-2020-market-statistics/


August Stats are Here!

 

“This month’s activity was in line with what we would typically see for August; however, due to COVID-19 the trends for the year are not what we would normally experience. Over the Spring, we saw lower than normal activity, but a balance between supply and demand. Into the Summer months we saw an increase in activity where we would normally see a decrease,” says RAHB President Kathy Della-Nebbia. “As we move into the Fall, we would expect a return to higher activity. With the potential for a second wave of the virus we don’t want to make any predictions, but RAHB REALTORS® will continue to find houses for buyers and buyers for sellers in a healthy and safe way.”

The number of sales for single family properties within the entire RAHB market increased by 10.8 per cent compared to the same month last year, the number of new listings was up by 4.7 per cent over last year, and the average sale price increased by 19.9 per cent. Townhouse sales activity across the entire RAHB market area increased from August 2019 by 6.6 per cent, new listings were up 2.6 per cent, and the townhouse average sale price increased by 12.5 per cent to $583,762. Apartment-style property sales increased by 52.5 per cent from August 2019, new listings increased by 33.1 per cent, and the average price decreased by 0.4 per cent.

“As of July, open houses were permitted to continue and consumer confidence increased as the economy opened up; however, it doesn’t mean it’s business as usual,” says Della-Nebbia. “RAHB REALTORS® have worked hard over the last six months to ensure consumers were able to buy and sell properties, and utilized virtual technology and sanitary measures to combat COVID-19. If you are entering the market as either a buyer or seller, working with a local RAHB REALTOR® will help ensure your real estate transaction is both successful and safe.”

*Trends are calculated from data collected through RAHB’s MLS®

Specific neighbourhoods within the overall RAHB market area see results that often differ from the average of the entire RAHB market area. Because neighbourhoods vary, determining the right price and conditions when buying or selling a property can be challenging. Local RAHB REALTORS® have the experience, knowledge and tools to help buyers and sellers make those big decisions.

 

Source: https://www.rahb.ca/august-2020-stats/


July Stats are Here!

The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,613 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in July 2020. Sales are up 23.7 per cent over last month and up 27.8 per cent over July of last year. New listings are up 15.5 per cent over June 2020 and up 8.8 per cent over last July. The average price for residential properties was $692,999, which is up 2.6 per cent from last month and up 16.3 per cent from July 2019. The number of active listings for the month was down 21.4 per cent over last year.

 

“As we can see from the data, activity has resumed to pre-COVID-19 levels, and is actually surpassing the levels we would typically see in the summer due to pent-up demand over the last several months,” says RAHB President Kathy Della-Nebbia. “What is also affecting the market – and more specifically the increase in average price – is the low number of active listings. With less available, buyers have limited choice and the market favours sellers.”

The number of sales for single family properties within the entire RAHB market decreased by 18.1 per cent compared to the same month last year, the number of new listings was down by 2.6 per cent over last year, and the average sale price increased by 20 per cent. Townhouse sales activity across the entire RAHB market area increased from July 2019 by 35.6 per cent, new listings were up 30.4 per cent, and the average townhouse sale price increased by 17.3 per cent to $583,351. Apartment-style property sales decreased by 74.1 per cent from July 2019, new listings increased by 76.8 per cent, and the average price increased by 11 per cent.

“The RAHB market area moved into stage three in July, and open houses were permitted to continue. Although this improves consumer confidence, it doesn’t mean it’s business as usual,” says Della-Nebbia. “If you are entering the market as either a buyer or seller, COVID-19 has changed real estate and many other businesses, and we are operating within a new norm. Working with a local RAHB REALTOR® will help ensure your real estate transaction is both successful and safe.”

 

Specific neighbourhoods within the overall RAHB market area see results that often differ from the average of the entire RAHB market area. Because neighbourhoods vary, determining the right price and conditions when buying or selling a property can be challenging. Local RAHB REALTORS® have the experience, knowledge and tools to help buyers and sellers make those big decisions.

 

Source: https://www.rahb.ca/july-2020/


June Stats are Here!

Hamilton, ON (July 3, 2020) – The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,304 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in June 2020. Sales are up 53 per cent over last month, and are down only 0.2 per cent over June of last year. The average price for residential properties was $675,223, which is up 13.7 per cent from June 2019, and up 3 per cent from last month.

 

“With the reopening of the province, and the increased confidence in both the economy and the health of our communities, we are seeing higher activity in both sales and new listings throughout the RAHB market area. Typically, spring is busier than summer; however, COVID-19 seems to have pushed the market back by a few months,” says RAHB President Kathy Della-Nebbia. “Throughout the pandemic, the average price of residential properties in our market has held steady. If Ontario’s recovery from COVID-19 continues, we shouldn’t see a decrease; however, we are cautious that any relapse or a second wave could slow activity and affect average price.”

The number of sales for single family properties within the entire RAHB market decreased by 0.2 per cent compared to the same month last year, and the average sale price increased by 13.7 per cent. Townhouse sales activity across the entire RAHB market area increased from June 2019 by 10 per cent, and the average townhouse sale price increased by 13.5 per cent to $563,849. Apartment-style property sales decreased by 13.5 per cent from June 2019, and the average price increased by 6.8 per cent.

 

“COVID-19 has changed real estate and many other businesses, and we are operating within a new norm.  As a profession, REALTORS® are working with caution to ensure our safety, as well as the safety of our communities,” says Della-Nebbia. “If you are thinking of purchasing or selling a home, local RAHB REALTORS® have the data trends and information to generate a real estate transaction that is both successful and safe.”

*The above graphs/trends are calculated from data collected through RAHB’s MLS®.

Specific neighbourhoods within the overall RAHB market area see results that often differ from the average of the entire RAHB market area. Because neighbourhoods vary, determining the right price and conditions when buying or selling a property can be challenging. Local RAHB REALTORS® have the experience, knowledge and tools to help buyers and sellers make those big decisions.

 

Source: https://www.rahb.ca/june-2020-activity-higher-as-the-rahb-market-area-moves-into-stage-2-of-reopening/


May Stats are Here!

Hamilton, ON (June 2, 2020) – The REALTORS® Association of Hamilton-Burlington (RAHB) reported 852 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in May 2020. Sales are down 42.2 per cent over May 2019, and up 43.4 per cent over last month. The average price for residential properties was $655,418, which is up 10 per cent from May last year, and up 6.3 per cent from last month.

 

“New listings and sales are understandably down compared to May 2019; however, the average sale price has held fairly steady week-over-week during COVID-19 due to a balance of buyers and sellers,” says RAHB President Kathy Della-Nebbia. “The province moving safely into phase one of re-opening has improved consumer confidence, leading to an increase in activity compared to April. If progress continues and the weather cooperates, we should expect higher activity in June.”

The number of sales for single family properties within the entire RAHB market decreased by 42.5 per cent compared to the same month last year, and the average sale price increased by 11.6 per cent. Townhouse sales activity across the entire RAHB market area decreased from May 2019 by 42.1 per cent, and the average townhouse sale price increased by 9.3 per cent to $555,716. Apartment-style property sales decreased by 35.1 per cent from May 2019, and the average price decreased by 6.4 per cent.

 

“COVID-19 is unprecedented and changes from week-to-week, and residential real estate activity within the RAHB market has responded accordingly,” says Della-Nebbia. “If you are buying or selling a property during this time, local RAHB REALTORS® have the information and resources to do so virtually, as well as keep you healthy should there need to be an in-person showing. They know the data trends, have the experience and know our communities to help you be successful with your transaction.”

*The above graphs/trends are calculated from data collected through RAHB”s MLS®.

Specific neighbourhoods within the overall RAHB market area see results that often differ from the average of the entire RAHB market area. Because neighbourhoods vary, determining the right price and conditions when buying or selling a property can be challenging. Local RAHB REALTORS® have the experience, knowledge and tools to help buyers and sellers make those big decisions.

 

Source: https://www.rahb.ca/may-2020-market-stats/


April Stats are Here!

Hamilton, ON (May 4, 2020) – The REALTORS® Association of Hamilton-Burlington (RAHB) reported 482 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in April 2020. Sales are down 63.4 per cent over April 2019 and 56 per cent over last month. The average price for residential properties was $614,412, which is up 4.3 per cent from April last year, but down 6.6 per cent from last month.

 

“The beginning of the year was quite active and we were anticipating a busy Spring; however, the number of new listings and sales within the RAHB market area for April were down compared to the previous month and year as a result of the measures that were taken by the province and my fellow REALTORS® to slow the spread of COVID-19,” says RAHB President Kathy Della-Nebbia. “RAHB REALTORS® have been working remotely where possible to assist their clients to buy and sell properties when the need is vital. This includes virtual open houses and showings, and abiding by the provincial and public health guidelines to ensure everyone is healthy and safe.”

The number of sales for single family properties within the entire RAHB market decreased by 60.8 per cent compared to the same month last year, and the average sale price increased by 2 per cent. Townhouse sales activity across the entire RAHB market area decreased from April 2019 by 67.1 per cent, and the average townhouse sale price increased by 8.8 per cent to $545,821. Apartment-style property sales decreased by 70.9 per cent from April 2019, and the average price decreased by 3.8 per cent.

 

“When we break our market down into the four main communities and look at the trends weekly since the beginning of March, we can see that there was a drop in activity once Premier Ford announced school closures and we started working with RAHB REALTORS® to cancel in-person open houses,” says Della-Nebbia. “In Hamilton, where we have the most activity, there was a larger drop in the average price week-over-week, but it began to increase nearing the end of the month. The other main communities had slight dips in average price, but it was primarily stable.”

*The above graphs/trends are calculated from data collected through RAHB”s MLS®.

 

Specific neighbourhoods within the overall RAHB market area see results that often differ from the average of the entire RAHB market area. Because neighbourhoods vary, determining the right price and conditions when buying or selling a property can be challenging. Local RAHB REALTORS® have the experience, knowledge and tools to help buyers and sellers make those big decisions.

Source: https://www.rahb.ca/April2020


March Stats are Here!

Hamilton, ON (April 2, 2020) – The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,098 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in March 2020. Sales are up 10 per cent over last month, but down 3.1 per cent over March 2019. The average price for residential properties increased to $658,161, which is up 1.8 per cent from last month and up 14.5 per cent from the same month last year.

 

“January and February saw increases in sales and new listings, as well as average price. For March there was growth at the beginning of the month; however, COVID-19 infiltrated our communities mid-month and slowed activity in the latter half,” says RAHB President Kathy Della-Nebbia. “Our REALTORS® work to be a part of the solution in the fight to flatten the curve, all the while servicing clients who are in great need of their assistance. We are seeing the impact on our market activity and expect to continue to see a slowing of the market as our communities focus on this unprecedented fight.”

The number of sales for single family properties within the entire RAHB market decreased by 1.9 per cent compared to the same month last year, and the average sale price increased by 14.3 per cent. Townhouse sales activity across the entire RAHB market area decreased from March 2019 by 5.7 per cent, and the average townhouse sale price increased by 14.9 per cent to $562,336. Apartment-style property sales decreased by 11.9 per cent from March 2019, and the average price increased by 14.5 per cent.

 

“New listings and sales have been affected by the onset of COVID-19, but the average price continues to increase. We will have to wait for the April data to see the full impact on our market area,” says RAHB CEO Carol Ann Burrell. “RAHB REALTORS® are working virtually as much as possible to do their part to slow the spread of COVID-19, and are embracing technology to work with clients and close transactions remotely. If you are using a local RAHB REALTOR®, they are well-equipped to complete your property transaction during this uncertain time.”

Specific neighbourhoods within the overall RAHB market area see results that often differ from the average of the entire RAHB market area. Because neighbourhoods vary, determining the right price and conditions when buying or selling a property can be challenging. Local RAHB REALTORS® have the experience, knowledge and tools to help buyers and sellers make those big decisions.

 

Source: https://www.rahb.ca/March2020Stats


February Stats are Here!

Hamilton, ON (March 3, 2020) – The REALTORS® Association of Hamilton-Burlington (RAHB) reported 998 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in February 2020. Sales are up 30 per cent over last month and up 25.5 per cent over February 2019. The average price for residential properties increased to $646,667, which is up 4.5 per cent from last month and up 15.5 per cent from the same month last year.

 

“The RAHB market is quite active with a significant increase in number of sales compared to last month and last year. We experienced similar activity at the beginning of 2016, which was one of our busiest markets on record,” says RAHB President Kathy Della-Nebbia. “With the increases in average price and new listings, overall we are firmly in a seller’s market; however, there is greater demand at certain price points – such as below $600,000.”

The number of sales for single family properties within the entire RAHB market increased by 27 per cent compared to the same month last year, and the average sale price increased by 16 per cent. Townhouse sales activity across the entire RAHB market area increased from February 2019 by 21.2 per cent, and the average townhouse sale price increased by 19.4 per cent to $584,944. Apartment-style property sales increased by 19.8 per cent from February 2019, and the average price increased by 1 per cent.

 

“Apartment-style properties in Hamilton are the most affordable, with an average price of $346,250. There were also 83 new listings of apartment-style properties, with 54 sales, so the inventory could be building,” says Della-Nebbia. “There are great opportunities within other segments of the market, and that’s where a local RAHB REALTOR® can be instrumental – they know the communities and have the resources to find you your dream property.”

Specific neighbourhoods within the overall RAHB market area see results that often differ from the average of the entire RAHB market area. Because neighbourhoods vary, determining the right price and conditions when buying or selling a property can be challenging. Local RAHB REALTORS® have the experience, knowledge and tools to help buyers and sellers make those big decisions.

 

https://www.rahb.ca/rahb-realtors-release-february-stats-need-title/


January Stats are Here!

 

“Our market area experienced a reduction in activity and average price in December, as is the case for that typically slower month; however, we bounced back in January,” says RAHB President Kathy Della-Nebbia. “Buyers seem to be coming out early, so sellers shouldn’t feel the need to wait for the spring market to get a great value for their property. We expect the spring market will be strong with more competition between sellers, as many wait for the flowers to bloom to market their homes.”

The number of sales for single family properties within the entire RAHB market increased by 10 per cent compared to the same month last year, and the average sale price increased by 9.4 per cent. Townhouse sales activity across the entire RAHB market area decreased from January 2019 by 6.2 per cent, and the average townhouse sale price increased by 10.8 per cent to $518,361. Apartment-style property sales decreased by 1.4 per cent from January 2019, and the average price increased by 9.6 per cent.

 

“Although RAHB market statistics showed an overall increase in January 2020, certain segments of the market did not. For example, townhouse and apartment-style properties experienced a decrease in number of sales, and certain communities experienced a decrease in average price and/or number of sales – such as Glanbrook,” says RAHB CEO Carol Ann Burrell. “That’s why it is so important to work with a local RAHB REALTOR®, who has access to statistical resources to help you buy or sell your home.”

Specific neighbourhoods within the overall RAHB market area see results that often differ from the average of the entire RAHB market area. Because neighbourhoods vary, determining the right price and conditions when buying or selling a property can be challenging. Local RAHB REALTORS® have the experience, knowledge and tools to help buyers and sellers make those big decisions.

Source: https://www.rahb.ca/january-2020-stats/