In five years, Niagara house prices have shot up by 81%

CKTB-News-House prices

If you have been looking to buy a home and can't believe the prices, you are not alone.

According to stats from the Canadian Real Estate Association, home prices in Niagara have experienced the biggest price jump of any market in the country.

The CREA says prices have shot up by 81 percent across the region in the past five years.

And the price jump has been driven by homebuyers in the GTHA who started looking to purchase a house in Niagara because the prices are still cheaper.

The stats show the average price of a home in Niagara sits around $413,000 compared to Hamilton Burlington at $614,000 and Toronto at more than $800,000.