GTA homebuyers flocking to Niagara

GTA homebuyers flocking to Niagara

Lower housing prices and expanding transportation options attracting home-buyers to Niagara

With increasing housing prices in the GTA, real estate demand and prices in Hamilton have increased, and buyers are now looking at Niagara region as the next real estate opportunity.

According to the Canadian Real Estate Association (CREA), the average price of a house in Niagara is $413,700 compared to $614,800 in Hamilton-Burlington and $801,200 in Greater Toronto. Homes have shot up by 81 per cent in the past five years, a sign of surging demand from new buyers flooding into the Niagara market.

Read more at the St. Catharines Standard.

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