Oakville Real Estate News

RE/MAX 2017 Spring Market Report: Hamilton/Burlington


Blog by Joette Fielding | April 25th, 2017


Hamilton-Burlington-233x300.pngMove-over buyers from the GTA looking for relatively affordable options in Hamilton-Burlington continue to play an important role in the market.

In the first quarter of 2017, 23% of all purchases were made by buyers from the GTA. Increasingly, these are investors looking to purchase townhomes and small single-detached homes as rental properties. First-time buyers are also active in Hamilton, with alternative financing strategies, such as purchasing a home with a friend, becoming more common in the city. With expanded GO train service to the region to begin in the coming years, commercial land close to transit hubs is starting to be rezoned to accommodate expected higher demand.

Read the full report for Hamilton/Burlington...






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