The Hamilton-Burlington area is bucking the trend in the Canadian commercial real estate sector.
The latest report from RE/MAX shows a 15 per cent increase in the number of commercial units sold in our area between January and June of this year.
278 commercial properties changed hands between January and June in Hamilton-Burlington.
That’s up from 241 during the same period one year ago.
It says Hamilton’s investment potential and low vacancy rates have contributed to growing demand in our city.
And the report indicates demand for industrial product in Burlington has also been brisk, with the number of properties sold rising 26 per cent compared to 2012.
The report says sales softened in 73 per cent of markets across Canada because of dwindling supply.
CLICK HERE to see the RE/MAX Commercial Investor Report.