As per new reports from independent research REIN i.e Real Estate Investment Network ranked largest metropolitan areas of Ontario by Canadian Real Estate Market suitability and performance for investment over next 5 years. You Need to Know Before Buying or Selling a Home in Canada.
In terms of fundamental growth, diversity and growth, Ottawa came on the top of wide-ranging survey that looked at some of the multiple factors which include rent and vacancy rates, overall affordability, housing prices, GDP and population growth, employment numbers and economic health.
REIN also ranked below mentioned cities in order of potential performance and strength of Canadian Real Estate Market over next half-decade:
1. Grimsby and St. Catharines
5. Durham Region
9. Kitchener -Waterloo-Cambridge
REIN listed below cities as honorable in no particular order: Here is a Secret to Real Estate Wealth that help Canada’s Leading Experts to Reveal Their Secrets for Building and Protecting Canada Real Estate Market Wealth
• Thunder Bay
• Niagara Region