What market is the best to invest in?
The real estate industry has changed drastically in the last few months -- with Vancouver's market cooling due to new regulations, Toronto's heating up like never before, and Alberta expected to see a bit of a comeback.
That makes us wonder: Have opinions about the best place in Canada to invest changed?
Last year, CREW (www.canadianrealestatemagazine.ca) hosted two polls; the first one asking readers which province offers the best investment opportunities.
Exactly 50% of our readers agreed Ontario offers the best investment opportunities, followed by British Columbia (21%), Alberta (10%), Saskatchewan (7%), Quebec (6%), New Brunswick (3%), Nova Scotia (2%), and P.E.I (1%).
The second poll then asked readers which specific Ontario market provides the best opportunities.
A whopping 534 readers took part in that poll and 22% of those agreed Kitchener-Waterloo is the best place to invest.
The GTA (16%) came in second, followed by Hamilton (15%), Barrie (10%), Durham Region (9%), York Region (7%), London (6%), Niagara (5%), Guelph (4%), Oakville (3%), and Kingston (3%).
Are you looking to buy a property? If you like, I can tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much I could save you right now if you have an existing mortgage.
Until next time,
Your mortgage expert Evgeny Kamenskiy