The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,582 sales of residential properties located within the RAHB market area through the Multiple Listing Service® (MLS®) System in May 2021. While sales were down 16 per cent since last month, they were up 66 per cent since May 2020. New listings were down 31 per cent since last month and up 39 per cent as of last May. The average price for residential properties was $833,332 which was down three per cent from last month and up 27 per cent from May 2020. The inventory available at the end of the month was 16 per cent higher than last month.