MARCH 2024 MARKET REPORT

MARCH 2024 MARKET REPORT SHOWS INVENTORY GAINS BRING MORE BALANCED CONDITIONS

March 2024 Market Report Stats
says Julie Sergi, President-Elect of RAHB

Inventory levels in March closed out with just over two months of supply. This is an increase over last year but lower than the four months of supply reported at the end of 2023. Conditions are the tightest in the Burlington region, with less than two months of supply. Haldimand saw the highest supply-to-demand ratios, with just below four months of supply.

The unadjusted benchmark price rose to $850,500 this March, nearly two per cent higher than March 2023. Prices trended up across all regions in the RAHB market area, with the largest year-over-year gain occurring in Haldimand, followed by Hamilton. Prices remain below the 2022 peak but are still much higher than levels reported prior to the pandemic.

March 2024 Market Report Stats Chart
March 2024 Sales
March 2024 Inventory
March 2024 Average DOM


MARCH 2024 MARKET REPORT BY NEIGHBOURHOODS

March 2024 Sales by area
March 2024 Neighbourhood Sales Chart

march 2024 MARKET REPORT BY PROPERTY TYPE

March 2024 Property Type Sales

In the last 30 days, the real estate market in your area has experienced significant activity.
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