Hamilton-Burlington real estate market update
House prices are up 23% since last year
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If you want evidence that Toronto’s hot housing market is spreading to other communities then look no further than Hamilton and Burlington. Almost a quarter of all home purchases in the first three months of the year in these cities were from the GTA, according to a new report by Re/Max.
Many of the buyers fleeing the GTA are looking to snap up small single-detached and townhomes to serve as income properties. First-time homebuyers are also adding Hamilton to their search area.
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