Hamilton ( //; 2011 population 519,949; UApopulation 670,580; CMA population 721,053) is a port city in the Canadian province of Ontario. Conceived by George Hamilton when he purchased the Durand farm shortly after the War of 1812, Hamilton has become the centre of a densely populated and industrialized region at the west end ofLake Ontario known as the Golden Horseshoe. On January 1, 2001, the new City of Hamilton was formed through the amalgamation of the former city and the other constituent lower-tier municipalities of the Regional Municipality of Hamilton-Wentworth with the upper-tier regional government. Residents of the old city are known as Hamiltonians. Since 1981, the metropolitan area has been listed as the ninth largest in Canada and the third largest in Ontario.
Hamilton is home to the shared Royal Botanical Gardens, theCanadian Warplane Heritage Museum, the Bruce Trail,McMaster University and Mohawk College. The Canadian Football Hall of Fame can be found downtown right besideHamilton City Hall and across town to the east, the Canadian Football League's Hamilton Tiger-Cats play at Ivor Wynne Stadium.
Partly because of its diverse environment, numerous TV and film productions have been filmed in Hamilton, regulated by the Hamilton Film and Television Office. A growing arts and culture sector garnered media attention in a 2006 Globe and Mail news article, entitled "Go West, Young Artist," which focused on the growing art scene in Hamilton. The article highlighted local art galleries, recording studios and independent film production.
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Fewer Listings and Fewer Sales Equals Higher Average Sale Price
(October 4, 2012 – Hamilton, Ontario) The REALTORS® Association of Hamilton-Burlington (RAHB) reported the residential market saw a 13 per cent increase in average sale price in September compared to the same month last year. The median sale price also saw gains over September of last year.
“We are continuing to see a rise in residential market average sale price and median price this year compared to the same month last year,” said RAHB President Cameron Nolan. “That is the result of fewer listings and sales in the same comparative periods. Those factors are also responsible for the decrease in the average number of days on market from 54 last year to 45 this year.”
Seasonally adjusted* sales of residential properties were 10.9 per cent lower than the same month last year, with the average sale price up 13.7 per cent for the month. Seasonally adjusted numbers of new listings were almost flat to the same month last year.
Click here for the full media release including the charts for Seasonally Adjusted Residential Only, All property types, Residential only-Actual, Freehold only-Actual, Condominium only-Actual and Commercial - Actual.
Click here for the Residential Real Estate Market Activity chart for the City of Hamilton.
Click here for the Residential Real Estate Market Activity chart for Burlington.
Click here for the Monthly Market Activity chart.