- By Mike Heddle
- Posted Tuesday, Jan 09, 2018 10:44 am
Hamilton's housing market rode a rollercoaster in 2017. The first few months of the year were unprecedentedly frenzied – homes sold for prices that were huge amounts higher than the same months in 2016, which was itself a hot market.
Then, in April, the provincial government signaled its intent to cool the Toronto and Greater Golden Horseshoe markets, and everything changed."We definitely believe that had an impact on buyer expectations, at a minimum," said Anthony Passarelli, market analyst for the CMHC specializing in Hamilton and Burlington.
This is a year where we've already begun living into the predictions economists and market-watchers have for 2018. Prices have already come down since the spring; sales numbers have plunged [CLICK HERE]