Hamilton-area home sales slip 38% in December from 2021, show shift back to balanced market - Hamilton | Globalnews.ca

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Hamilton-area home sales slip 38% in December from 2021, show shift back to balanced market

Hamilton listings up in December, sales off 42.6 per cent year over year

It represents a 14.6 per cent drop compared with December 2021, however, prices remained about 16 per cent higher than those reported for all of 2021.Hamilton’s apartment-style dwellings were priced around $471,463, dropping 21.1 per cent compared with December 2021.Sales were down some 42.6 per cent year over year, with just 284 in December. New listings also slipped compared with December 2021 by about 12.5 per cent, representing some 350 new properties coming onto the market.

The lowest average prices for December were in Hamilton West, where a home was around $538,378, down 18.7 per cent year over year.Story continues below advertisement

 

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