Hamilton is 2015 boom town says TD Bank
Hamilton is the only city where house prices will grow in 2015/16 according to TD Bank. Economists have examined the housing market in 14 cities across Canada and believe that Hamilton will continue to see the kind of activity that it did last year with prices increasing 6 per cent. TD Bank is not the only bank giving a positive reading for the city; BMO Financial Group also predicts that the Ontario city will outpace other markets. Hamilton is attracting attention from those looking for lower prices than Toronto but for first-time buyers it is becoming less affordable already. Demand has been exceeding supply in the last year but more units are due for completion this year.