Record Sales in August is the real estate story for Hamilton-Burlington. Historical sales for both August and year-to-date in 2015 are up over last year. RAHB reports an increase in listing inventory, which is helping to start balance out the market, however current inventory is still low enough to call this a Seller’s Market.
Although sales were up in August, RAHB reports that those numbers are somewhat skewed by some very large, high-end sales in Oakville, driving up average sale prices. RAHB CEO, George O’Neill suggests, ‘That is why it is important to consult with a REALTOR when you are looking for information about the value of properties in any given area.”
At RE/MAX Escarpment, we are riding the sales wave as well, with a 19.6% increase in August sales, and a 27.7% increase in 2015 so far. Whereas new listings are up at RAHB, RE/MAX Escarpment is showing incredible consumer confidence, wtih an increase in new listings of 22.6% in August, and 15.8% year-to-date. 
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