Great Article from Money Sense where they share their Top 35 Cities to buy real estate based on a number of key factors they use on an annual basis:
You can find list within the URL below:
https://www.moneysense.ca/spend/real-estate/where-to-buy-real-estate-in-2020-top-35-cities/
This is based on the following 3 criteria: Value, Momentum, and Expert Insight
Value: Affordability is a tremendously important consideration and increasingly hard to find, particularly in more volatile markets like Toronto and Vancouver. That's why we also take into account the relative value of each neighbourhood and how pricing compares with surrounding neighbourhoods and the overall region.
Momentum: Whether you're looking for your first home, your next family home or for an income property, it's important to think about how homes in the neighbourhood you pick are likely to appreciate over time compared to competing communities. This momentum helps us identify neighbourhoods that have the likelihood of strong future appreciation, particularly given that house in neighbourhoods with consistent, strong, upward appreciation tend to hold their value even during the downturns.
Expert Insight: to ensure were identifying desirable neighbourhoods, we consulted an extensive panel of real estate agents. In their survey, we asked them to assign a grade to each neighbourhood.
Here are the Top 35 Cities to Buy Real Estate:
- Guelph, Ontario
- London, Ontario
- Victoria, BC
- Ottawa, Ontario
- Kingston, Ontario
- Brantford, Ontario
- Hamilton, Ontario
- Kitchener-Cambridge-Waterloo, Ontario
- Abbotsford-Mission, BC
- Windsor, Ontario
- Saguenay, QC
- Peterborough, Ontario
- Trois-Riveres, QC
- Barrie, Ontario
- Durham/Oshawa, Ontario
- Gatineau, QC
- Quebec, QC
- Sherbrooke, QC
- St. Catherines, Ontario
- Kelowna, BC
- Greater Sudbury, Ontario
- Vancover, BC
- Thunder Bay, Ontario
- Charlottetown, PE
- Montreal, QC
- Halifax, NS
- Toronto, Ontario
- Winnepeg, MB
- Saint John, NB
- Regina, SK
- Moncton, NB
- St. John's, NL
- Saskatoon, SK
- Calgary, AB
- Edmonton, AB