With several unusual circumstances affecting the economy and housing market, it’s more important than ever to have plenty of data when making home investment decisions.
That’s the view of Don R. Campbell, senior analyst at the Real Estate Investment Network (REIN), which has been assessing market conditions for investors and developers for three decades.
"This is the first time in the over 26 years of producing these reports that there are so many wild-cards in play each of which can have a direct impact on the housing markets across the province," he said.
REIN has just published its list of the ten best Ontario cities for investment, based on market fundamentals, where the cities are in the real estate cycle, and which markets are set to outperform their peers.
Ranked in order of potential for housing market strength over the coming five-year period, the top 10 are:
2) Kitchener -Waterloo-Cambridge
6) Durham Region
10) Grimsby and St. Catharines
REIN will host a Facebook Live seminar on its findings Wednesday at 11am PT/ 2pm ET.