Hamilton-Bulington’s market was categorized by affordability in 2018. With the stress test introduced this year, move-up buyers were eliminated, and the region experienced a decrease in sales in the $800,000 to $1-million prince range. The condo and luxury markets continue to be driven by retirees. Many retirees missed the hot market in 2017 and chose to downsize in 2018. This trend is expected to continue in 2019.

 

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