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Banner year for realtors in Hamilton, Burlington
COVID-19 pandemic, real estate agents in Hamilton and Burlington had a banner year in 2020.The Realtors Association of Hamilton-Burlington (RAHB) reported 14,863 home sales last year, an 8.4 per cent increase from 2019.The average price of a home in the region balloon 16.8 per cent year over year to $690,002 in 2020.That is more than double the amount an average home in Hamilton and Burlington sold for 10 years ago.The RAHB says the average price in 2010 was $310,258, a whopping 125.4 per cent increase.“After a slight slowdown in March and April, the RAHB real estate market rebounded with abundance, creating record-breaking numbers throughout 2020,” says the RAHB’s 2021 president, Donna Bacher.“The 2020 real estate market was faced with