The Burlington housing market has been seeing price gains of almost 20% since December of 2019. This has been fueled by low mortgage rates, tightened supply and a host of other factors that we at Altrua are happy to discuss. As a leading mortgage Broker Burlington, we strive to lower costs of borrowing as prices increase. Truly, the main cost of homeownership is the cost of interest, and so we do everything er can to lower this cost.

More specifically the average price for a residential home as of November 2020 was $721,523, and the active listings reported by the Hamilton-Burlington realtors association was 39.8% lower than in 2019.

We believe that Burlington is one of the leading places globally to buy real estate due to its smaller feel community, beautiful scenery and proximity to Toronto. For these reasons, we see continued increases in price for years to come, especially as mortgage rates should continue to remain low.