<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=294326554740919&ev=PageView&noscript=1" /> ARE HOME PRICES DOWN IN HAMILTON? - Wilson Sisters

ARE HOME PRICES DOWN IN HAMILTON?

14 May 2020
Wilson Sisters

ARE HOME PRICES DOWN IN HAMILTON?⁣

Hamilton prices are down, as one may expect, but similar to one of our market areas in Toronto, they have not fallen far below the level they had reached in January 2020. ⁣Nothing too surprising, given the circumstances.

The number of sales were strong in February and the first half of March but fell away once the lockdown started.⁣

Buyers are still buying and sellers are still listing, though overall sales are down dramatically right now. As restrictions are lifted in the coming weeks and months, we will likely see a surge of buyer activity and more properties coming to market.⁣

Whether or not prices continue to soften is anyone's guess, as the dust from the job losses and hits to bank accounts become clear. ⁣

We will keep you informed of current trends and data on a regular basis. If you'd like to schedule a call with us to talk about your particular situation and how this all applies to you, please book a call with us here:⁣ https://wilsonchat.as.me/⁣