Hamilton's hot market helped pull the national housing market to a record for the biggest January-to-February increase in price, according to the Teranet-National Bank composite index released on Tuesday. Along with Toronto and Vancouver, the Hamilton price increase helped pull the national price up 1 per cent — "the largest February increase in the 18-year history of the index," Teranet said. Prices in Hamilton were up 1.4 per cent in February 2017 from January, which was a record for the month. Hamilton's home prices rose 1.4 per cent from January to February, according to the Teranet-National Bank national composite price index, which measures price changes in homes that have sold at least twice. The Teranet index is based only on homes that have been resold two or more times.

Source: CBC News March 14, 2017 19:18 UTC