I am amazed how strong the market is considering all the layoffs in the manufacturing sector. The manufacturing sector has been hit hard. Low interest rates and a diversified economy have helped to hold up our Real estate market along with our strong Canadian Banks.
The Hamilton-Burlington area real estate market showed a total of 1,044 unit sales in March, this is a decrease of 4.7 per cent from March 2008.
The average price of freehold residential properties sold in the month of March was $277,406.In the condominium market the average price of condominiums in March was $210,519.
March's total average residential sales price decreased 9.4 per cent over the same month in 2008. Sales have been steady and many buyers are taking advantage of very competitive interest rates. Spring has certainly brought some welcomed activity to the market. I am hoping for a strong market in April.
Carl
Statistics provided by the Hamilton- Burlington Real estate Board
 |
|
|
Carl actively sells homes in Burlington, ON and surrounding areas. His business has grown on a solid network of family and friends. Please access www.carlstars.com for details.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2009 ActiveRain Corp. All Rights Reserved
