There is some good news for Hamilton homeowners who are looking to sell.
Royal Lepage released its third quarter 2018 Market Survey Forecast, showing an increase of 5.2 per cent in the price of a home compared to this time last year. That brings the average Hamilton-area home price to $571,157.
The survey shows that the median price of a two-storey home in Hamilton increased 5.1 per cent to $606,671, while the median price of a bungalow rose to $509,384. The median price of a condominium increased by 8.9 per cent to $344,422.
“Hamilton is moving towards a more balanced market, but well-priced houses are still attracting multiple offers and selling quickly,” said Joe Ferrante, broker of record, Royal LePage State Realty. “We have seen demand…