Hamilton saw the third highest spike in housing prices in the country in August, according to new figures released today. At a 2 per cent rise last month, Hamilton was one of four markets that exceeded the countrywide index, behind Toronto (2.8 per cent), Victoria (2.2 per cent) and ahead of Vancouver (1.7 per cent). Year to year, housing prices in Hamilton have shot up 12.96 per cent. In the same time period, prices rose 14.59 per cent in Toronto, and 25.75 per cent in Vancouver. Meanwhile, prices were down from the month before in Winnipeg (−0.1 per cent), Calgary (−0.2 per cent), Montreal (−0.8 per cent) and Quebec City (−1.9 per cent).

Source: CBC News September 14, 2016 14:48 UTC