Hamilton's housing market is not showing any signs of slowing. There are plenty of people buyers wanting to buy homes or real estate investment in Hamilton Ontario but the supply of homes shrinks a lot. There were 1248 properties listed in January 2016 in Hamilton and Burlington as per RAHB stats. This is a 14.9 decrease compared to the January 2015. Sales were up 9.3 per cent. Low housing inventory indicates strong Sellers market.
Hamilton housing market will continue to to be very attractive to out-priced buyers from Greater Toronto Area.
Newest Report on Residential Average Property Price in Hamilton Ontario.
Average sale price increased by 9.5% from January 2015 and for residential house in Hamilton Burlington stands now at $376,346.
The average freehold price is presently $398,584 while the condominiums average price increased by 17.4% and is still at very affordable level of $228,098.