Amatul Waheed  Real Estate Inc.

Amatul Waheed Real Estate Inc.

Broker of Record

RE/MAX PREMIER AMATUL WAHEED REAL ESTATE

Mobile:
647-702-7718
Office:
(647) 702-7718
Email Me
Amatul Waheed  Real Estate Inc.

Amatul Waheed Real Estate Inc.

Broker of Record

RE/MAX PREMIER AMATUL WAHEED REAL ESTATE

Mobile:
647-702-7718
Office:
(647) 702-7718
Email Me

Real estate boom in Hamilton and Burlington

The real estate market in Hamilton and Burlington is attracting buyers not just because of houses. It is no secret that many are seeking homes outside of downtown core areas during COVID-19. Recent development happening around the region has invited many permanent settlers to consider moving here.

According to recent statistics from the REALTORS Association of Hamilton- Burlington (RAHB) the region saw a 25 percent of increase in residential sales every year in the fourth quarter of 2020.

Housing in GTA

Toronto residents are open to relocate to smaller cities. The reason for this is affordability and more spacious homes. House prices are increasing rapidly in the Greater Toronto Area and places like the City of Vaughan. Homes for sale in Woodbridge cost way more compared to earlier.

Vaughan realtors are busy looking for spacious homes for home buyers looking for homes for homes for sale in Maple, Vaughan and other parts of the city. A real estate agent in Vaughan looks for a house in GTA for its client according to their needs. Homes for sale in Kleinburg can cost the buyer a fortune considering the recent price rise.

Top Vaughan realtors can tell how Vaughan real estate is chancing and homes for sale in Vaughan have increased like many other regions in GTA. There is also the question of affordability now in most of the suburban regions of Toronto. First time buyers are ready to move farther away to find a house.

Hamilton and Burlington housing affordability

Home buyers are seeking spacious homes as their needs have changed. COVID-19 pandemic has given them the liberty to work from home and they do not mind moving to farther away places.

Real estate in Hamilton and Burlington was relatively affordability till the beginning of 2021. Since a lot of people settled around areas like Stoney Creek and elsewhere between Burlington and Hamilton, house prices increased.

According to a recent report by RE/MAX, house prices are soaring consistently since the beginning of the pandemic. The average house price is approximately $700k which has increased by a whopping 8 percent compared to last month. Demand for detached homes sale in Hamilton has increased exponentially.

The trend is heavily due to urban Toronto residents seeking more spacious homes around the region. Also first time home buyers are flocking around the region for affordable townhomes and condos available in the region. It will be interesting to see how far home buyers prefer to stretch in a post-COVID world.

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