Residential Spring Market Is Heating Up

The residential real estate market in Hamilton is gaining momentum as there were 18.5% more sales in April than there were in March.  The average price saw a modest gain as it increased 3.3 percent year-over-year, and sits just above $516,000 year-to-date.  The neighbourhoods of Hamilton West and Hamilton Centre saw the greatest increase in the number of sales this April, compared to last, increasing by 45 percent and 38 percent respectively.  With regards to average price, Waterdown saw the largest year-over-year increase at 10%, with an average price just under $740,000 in the month of April.

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