BURLINGTON REAL ESTATE TRENDS
My previous summary of the Burlington Real Estate market can be found here Burlington Real Estate Trends.
In that post I remained optimistic. I still remain optimistic despite this February 2018 article in the Globe entitled, January real estate numbers in Hamilton, Burlington feel the chill.
The article reported as follows:
660 sales were processed through the RAHB Multiple Listing Service® (MLS®) System in January, 27.2 per cent fewer than the same month last year and 12.5 per cent lower than the 10-year average for the month.
Similarly, the Realtors Association of Burlington and Hamilton reported for the month of February 2018:
“February’s real estate market experienced a significant slowdown, and that’s compared not just to last year, but to the last 10 to 15 years as well,”
As a real estate lawyer in Burlington and Oakville I can say I have seen a dip in the number of people buying and selling. However, with Spring approaching I continue to remain optimistic.
If you have any other questions about the real estate closing process feel free to give me a call.
IS THERE A REAL ESTATE LAWYER NEAR ME?
If you are buying a home or selling contact our office to speak with a real estate lawyer in Burlington.
I provide legal services in Burlington, Milton, Hamilton and Oakville.
My address is 901 Guelph Line, Burlington.
You can also call or text at 416-505-4901 OR call Toll Free: 1 (800) 939-9211
