The years of skyrocketing year-over-year housing prices in Hamilton appear to be over. Canada's national housing agency is predicting average prices in 2018 won't be "much higher " than this year's average price. The Canada Mortgage and Housing Corporation forecasts that Hamilton will end 2017 with an overall average price of between $555,000 and $575,000. But for next year, it expects the average price to be somewhere between $535,000 and $585,000. Still, the CMHC flagged the Hamilton market as "highly vulnerable" in its look back at the Hamilton market in the second quarter of this year, April to June.
Source: CBC News October 26, 2017 21:22 UTC