Residential home sales in Hamilton drop in May, average sale price under $1M - Hamilton | Globalnews.ca

  • 📰 GlobalNational
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 51%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Residential home sales in Hamilton drop in May, average sale price under $1M

Sales activity dropped significantly year over year, by 35 per cent. It’s also down slightly month over month by seven per cent.A detached home in Hamilton was worth about 13 per cent more, checking in at an average of $989,661 this past May compared to the average price of around $878,677 recorded during the same month last year.

There was little change month to month in Hamilton proper apartment-style units checking in at $591,351 in May. Year over year, prices are up 24 per sent from the reported $477, 848 in 2021.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Might Hamilton become more affordable than Silicon Valley again?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 81. in BUSİNESS

Business Business Latest News, Business Business Headlines