For the fist time ever, the average price of a home in Hamilton and Burlington will rise above 400-thousand dollars.
The figure is in the 2014 Re/Max Canadian Housing Market Outlook, which examines trends and developments in 25 major markets across the country.
It says an improved economy, low interest rates and rising consumer confidence will mean more home sales and higher prices next year.
The average price in the Hamilton-Burlington area is expected to increase by 4% to 402-thousand dollars.
The highest average home price in the nation is in Vancouver at 800-thousand dollars, followed by Toronto at $550,000.
The report says 92 per cent of Canadian markets are set to experience average price increases by the end of this year, with Hamilton-Burlington leading the country at 7.5%.
The value of an average Canadian home has risen 4% to $380,000, and Re/Max expects another 3 per cent boost in the year ahead.
See the full report HERE.