Real estate market in Burlington
I have been watching the “sold” reports that list recent home sales in the Greater Toronto Area and have been floored by the crazy rise in prices in some areas, especially York Region. In case you haven't noticed, York Region home sales have really gotten insane.
I see a lot of activity in Durham Region, too, but what's going on there is different than what’s going on in York Region. Durham seems to be an up and coming area because the prices are still so low that many people can afford to buy there, but York is where "demanding buyers" are pushing prices up to the sky.
I am wondering about the western side. Burlington seems to be heating up now. Burlington houses are selling quickly for over the asking price. This is a new phenomenon there. I haven't seen it there before. Not like this, anyway.
I’m just wondering what others think.
I know that Hamilton is running a similar streak to Durham region, where the low, low prices are attracting a lot of buyers, but Burlington is an different sort of market. Maybe like York? I'm wondering. I'm thinking I might head that way but want to get in before the craziness gets going.
Does anyone think that Burlington real estate going to heat up to insanity the way York Region has in the past couple of years?