{"id":2035,"date":"2016-01-06T15:34:35","date_gmt":"2016-01-06T20:34:35","guid":{"rendered":"https:\/\/steveroblin.com\/?p=2035"},"modified":"2023-11-28T16:21:22","modified_gmt":"2023-11-28T21:21:22","slug":"hamilton-real-estate-december-statistics-records-keep-breaking","status":"publish","type":"post","link":"https:\/\/steveroblin.com\/hamilton-real-estate-december-statistics-records-keep-breaking\/","title":{"rendered":"Hamilton Real Estate – December Statistics – Records keep breaking!"},"content":{"rendered":"
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Fifth straight month for record sales<\/a><\/h3>\n<\/div>\n
\n(January 6, 2016 \u2013 Hamilton, Ontario)\u00a0 The REALTORS\u00ae\u00a0Association of Hamilton-Burlington (RAHB) reported 802 sales were processed through the RAHB Multiple Listing Service\u00ae\u00a0(MLS\u00ae) System in December of 2015.\u00a0 Sales were 1.3 per cent higher than the same month the previous year, 17.6 per cent higher than the 10-year average, and were a new record for the month of December.\u00a0 This is the fifth month in a row where the record for monthly sales has been broken.<\/p>\n

\u201cIt has clearly been another exceptional month for real estate sales in the RAHB market area,\u201d said RAHB CEO George O\u2019Neill. \u201cDecember sales are always among the lowest of the year because of the holidays and the weather, but this year\u2019s sales were the highest ever for the month.\u00a0 It seems an appropriate way to end a year which saw so many previous sales records fall.\u201d<\/p><\/blockquote>\n

There were 679 properties listed in December, a decrease of 3.4 per cent compared to December of the previous year.
\nSeasonally adjusted* sales of residential properties were 2.8 per cent higher than the same month of the previous year, with the average sale price up 9.1 per cent for the month.\u00a0 Seasonally adjusted numbers of new listings were virtually the same as the same month the year before.
\nSeasonally adjusted data for residential properties for the month of December, 2015:
\n\"Seasonally\"<\/a>
\nActual overall residential sales of 752 units were 1.9 per cent higher than the same month the year previous.\u00a0 Residential freehold sales were 3.2 per cent higher than the previous December while sales in the condominium market decreased by 3.4 per cent.
\nThe average price of freehold properties showed an increase of 7.3 per cent compared to the same month the previous year; the average sale price in the condominium market increased by 18.8 per cent when compared to the same period.
\nThe average sale price is based on the total dollar volume of all properties sold by RAHB members.\u00a0 Average sale price information 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. Contact a REALTOR\u00ae\u00a0for information about your area or property.
\nThe average days on market decreased from 45 to 41 days in the freehold market and from 53 to 36 days in the condominium market when compared to the same month the previous year.
\n\"Comparison\"<\/a>
\nEvery community in RAHB\u2019s market area has its own localized residential market.\u00a0 Please refer to the accompanying chart.
\n*Seasonal adjustment removes normal seasonal variations, enabling analysis of monthly changes and fundamental trends in the data.
\n\"RAHB<\/a>\"Residential<\/a>\"Residential<\/a>
\n\"judymarsalesLOGO\"<\/a><\/p>\n

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Fifth straight month for record sales (January 6, 2016 \u2013 Hamilton, Ontario)\u00a0 The REALTORS\u00ae\u00a0Association of Hamilton-Burlington (RAHB) reported 802 sales were processed through the RAHB Multiple Listing Service\u00ae\u00a0(MLS\u00ae) System in December of 2015.\u00a0 Sales were 1.3 per cent higher than the same month the previous year, 17.6 per cent higher than the 10-year average, and […]<\/p>\n","protected":false},"author":3,"featured_media":1592,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-2035","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-posts"],"acf":[],"yoast_head":"\nHamilton Real Estate - December Statistics - Records keep breaking! 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