Best City to Buy Real Estate in Canada 2022

Dated: June 7 2022

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MoneySense’s Where to buy Real Estate in Canada 2022 report has placed Oakville-Milton 44th out of 45 cities in terms of value and buying conditions. With a 2021 benchmark price of $1,516,800 - $788,917 above the national average - and a three-year growth rate of 66%, Oakville-Milton earned a value score of just 0.9 out of five.
Burlington didn't fair much better. Ranked 41st out of 45. With a 2021 benchmark price of $1,243,787 - $515,904 above the national average and with a three year growth rate of 67%, and earning a value score of 1.3 out of five.
Hamilton faired slightly better. Ranked 29th out of 45, with a 2021 benchmark price of $861,695 - $133,812 above the national average and a three year growth rate of 75%, earnt itself a value score of 2.8 out of five.
The top ranking Ontario city was North Bay which ranked 2nd out of 45. With a benchmark price of $385,100 - $342,783 UNDER the national average and a three year growth rate of 87% it earnt itself full marks with a value score of 5 out of five.
Check out the full report here
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June Gill

Reliable, Relatable, Results! Helping you and helping animals. When you mention Burlington Humane Society and on closing of a property with you, I will donate a portion of my commission to the Humane....

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Best City to Buy Real Estate in Canada 2022

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Read More