Real Estate Market Review And Predictions – Hamilton 2018/2019

Hamilton, Ontario MLS real estate market home sale price average home price home prices by Bianca Marijan City Brokerage Hamilton real estate agent, Hamilton house prices
Spread the love
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  

Another year has come and gone and after the uncertainty of how Hamilton’s real estate market would be affected by the mortgage stress test, we’ve found ourselves in a balanced real estate market for the start of 2019.

The mortgage stress test affected the number of sales in 2018 but experts believe that the Canadian real estate market will remain steady or even see a slight growth in 2019.

Hamilton experienced a decrease of 7.3 per cent in listings last year and a decrease in sales of 15.4 per cent. Houses around the Gage Park and St. Clair neighbourhoods outperformed both on price and number of sales compared to the rest of Hamilton in 2018. Gibson/Stipley, Crown Point and the North Sherman neighbourhoods are outperforming the rest of the city in price.

Mountview, Westcliffe and Buchanan neighbourhoods saw a decrease in sales, while the nearby Centremount, Inch Park and Eastmount neighbourhoods underperformed on price.

The CMHC is predicting sales to jump between 11 per cent and 18 per cent next year, and for average prices to grow between four per cent and ten per cent.

Condos are booming, the five-year average for condo starts in the region is 737 but last year there was a massive increase of 1,803 condo starts. However, vacancy rates for rentals are currently taking a hit and are below the 10-year average, showing a need for more units.

Contact me for any questions about Hamilton’s real estate market or buying or selling a Hamilton area property in 2019.

 

Hamilton real estate market commercial sales, Hamilton real estate market 2018, Hamilton real estate market 2019 toronto real estate market, hamilton real estate market, hamilton housing market, toronto housing market, RAHB, Hamilton Burlington Realtors, REALTORS® Association of Hamilton-Burlington, Hamilton homes for sale, Hamilton houses for sale, Hamilton condos for sale, Hamilton apartment, Burlington homes for sale, Burlington houses for sale, Burlington condos for sale, Burlington real estate, Haldimand real estate, Niagara real estate, Hamilton real estate agent, Hamilton realtor, top real estate in Hamilton, top realtor in Hamilton, Hamilton real estate agent, Bianca Marijan, City Brokerage, RAHB, The REALTORS® Association of Hamilton-Burlington, Hamilton West real estate, Hamilton East real estate, Hamilton Centre real estate, Hamilton Mountain real estate, Flamborough real estate, Dundas real estate, Ancaster real estate, Waterdown real estate, Stoney Creek real estate, Glanbrook real estate, Burlington real estate, Dunnville real estate, Cayuga real estate, Caldedonia real estate

Hamilton real estate market 2018, Hamilton real estate market 2019 toronto real estate market, hamilton real estate market, hamilton housing market, toronto housing market, RAHB, Hamilton Burlington Realtors, REALTORS® Association of Hamilton-Burlington, Hamilton homes for sale, Hamilton houses for sale, Hamilton condos for sale, Hamilton apartment, Burlington homes for sale, Burlington houses for sale, Burlington condos for sale, Burlington real estate, Haldimand real estate, Niagara real estate, Hamilton real estate agent, Hamilton realtor, top real estate in Hamilton, top realtor in Hamilton, Hamilton real estate agent, Bianca Marijan, City Brokerage, RAHB, The REALTORS® Association of Hamilton-Burlington, Hamilton West real estate, Hamilton East real estate, Hamilton Centre real estate, Hamilton Mountain real estate, Flamborough real estate, Dundas real estate, Ancaster real estate, Waterdown real estate, Stoney Creek real estate, Glanbrook real estate, Burlington real estate, Dunnville real estate, Cayuga real estate, Caldedonia real estate Hamilton real estate market residential listings, Hamilton real estate market 2018, Hamilton real estate market 2019 toronto real estate market, hamilton real estate market, hamilton housing market, toronto housing market, RAHB, Hamilton Burlington Realtors, REALTORS® Association of Hamilton-Burlington, Hamilton homes for sale, Hamilton houses for sale, Hamilton condos for sale, Hamilton apartment, Burlington homes for sale, Burlington houses for sale, Burlington condos for sale, Burlington real estate, Haldimand real estate, Niagara real estate, Hamilton real estate agent, Hamilton realtor, top real estate in Hamilton, top realtor in Hamilton, Hamilton real estate agent, Bianca Marijan, City Brokerage, RAHB, The REALTORS® Association of Hamilton-Burlington, Hamilton West real estate, Hamilton East real estate, Hamilton Centre real estate, Hamilton Mountain real estate, Flamborough real estate, Dundas real estate, Ancaster real estate, Waterdown real estate, Stoney Creek real estate, Glanbrook real estate, Burlington real estate, Dunnville real estate, Cayuga real estate, Caldedonia real estate Hamilton residential real estate market house prices, Hamilton real estate market 2018, Hamilton real estate market 2019 toronto real estate market, hamilton real estate market, hamilton housing market, toronto housing market, RAHB, Hamilton Burlington Realtors, REALTORS® Association of Hamilton-Burlington, Hamilton homes for sale, Hamilton houses for sale, Hamilton condos for sale, Hamilton apartment, Burlington homes for sale, Burlington houses for sale, Burlington condos for sale, Burlington real estate, Haldimand real estate, Niagara real estate, Hamilton real estate agent, Hamilton realtor, top real estate in Hamilton, top realtor in Hamilton, Hamilton real estate agent, Bianca Marijan, City Brokerage, RAHB, The REALTORS® Association of Hamilton-Burlington, Hamilton West real estate, Hamilton East real estate, Hamilton Centre real estate, Hamilton Mountain real estate, Flamborough real estate, Dundas real estate, Ancaster real estate, Waterdown real estate, Stoney Creek real estate, Glanbrook real estate, Burlington real estate, Dunnville real estate, Cayuga real estate, Caldedonia real estate Hamilton real estate market 2018, Hamilton real estate market 2019 toronto real estate market, hamilton real estate market, hamilton housing market, toronto housing market, RAHB, Hamilton Burlington Realtors, REALTORS® Association of Hamilton-Burlington, Hamilton homes for sale, Hamilton houses for sale, Hamilton condos for sale, Hamilton apartment, Burlington homes for sale, Burlington houses for sale, Burlington condos for sale, Burlington real estate, Haldimand real estate, Niagara real estate, Hamilton real estate agent, Hamilton realtor, top real estate in Hamilton, top realtor in Hamilton, Hamilton real estate agent, Bianca Marijan, City Brokerage, RAHB, The REALTORS® Association of Hamilton-Burlington, Hamilton West real estate, Hamilton East real estate, Hamilton Centre real estate, Hamilton Mountain real estate, Flamborough real estate, Dundas real estate, Ancaster real estate, Waterdown real estate, Stoney Creek real estate, Glanbrook real estate, Burlington real estate, Dunnville real estate, Cayuga real estate, Caldedonia real estate