Luxury homes driving Hamilton market

There’s good news for the Hamilton real estate market.

RE/MAX says the Hamilton and Burlington area saw a 31 per cent increase in sales of luxury homes worth more than three quarters of a million dollars in 2013.

Out of 16 major Canadian markets, Hamilton and Burlington had the fourth highest gains. Waterloo came next with 27 per cent.

2013 showed especially good sales of high-end homes, with Hamilton, Burlington and Kitchener-Waterloo all setting new records.