Burlington, Ontario: The nice weather and the emergence of spring coupled with the effects of record low interest rates and low housing prices have renewed life back into Burlington real estate!
Average prices are steadily rising and gradually catching up to the prices of last year. Average prices were $351,203 in April of 2008 compared to $345,400 in April 2009. This also represents a 2% increase from last month. The number of units sold also jumped from last month by 25% to 314 units from 252 units in March. It is encouraging to see that in many areas in Burlington, housing prices and the number of units sold are approaching or have surpassed 2008 totals.
If you were looking for the time to buy a home in the beautiful city of Burlington, this is it! Find your dream home at an affordable price if you start looking today!
For market information specific to your area in Burlington, or any other area of interest, please call or send me an email so I can send this valuable market information to you on a regular basis.