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Following the Action: Top 35 Canadian Cities to Purchase Real Estate

The annual MoneySense Where to Buy Real Estate Now report is out for 2019. In the report, MoneySense identified the top 35 best cities to buy property across Canada.

The cities that topped the 2019 list are:

  • Windsor, ON
  • Guelph, ON
  • Brantford, ON
  • Victoria, B.C.
  • St. Catharines-Niagara, ON
  • London, ON
  • Hamilton, ON
  • Abbotsford-Mission, B.C.
  • Ottawa, ON
  • Kelowna, B.C.

View the full list on the MoneySense website: https://www.moneysense.ca/spend/real-estate/35-top-canadian-cities-to-buy-real-estate-2019/

To build the list, MoneySense looked at the relative value of each neighbourhood and how pricing compares with the surrounding regions; momentum: which neighbourhoods have the likelihood of a strong future appreciation; and expert insight, consulting an “extensive panel” of real estate agents.

Recent research from the Teranet Market Insights Report has also shown that first-time homebuyers in Ontario are straying from traditionally popular areas. For instance, as house prices in Toronto increase, buyers are focusing on other regions, such as Peel and Ottawa-Carleton, with more affordable housing.

Being in the know helps mortgage professionals to keep the competitive advantage. Using your property tools can help you to spot emerging areas of opportunity in the market sooner.

If these are the places people want to buy real estate, should you be looking at how you can market there? Even if you are operating from a different location all together, you may be able to expand.

Use Automated Valuation Models (AVMs) to quickly learn and have intelligent discussions about an area or a particular property in a region that you are still discovering. These tools can also help support new mortgage agents who need to learn about your current region quickly.

By using this technology, you can identify the most lucrative regions, learn more faster, find new leads, and create better partnerships all from one central location.

What do you think about the MoneySense top 35 cities? Are there any you would add to the list? Let us know on social media. Find Purview on FacebookTwitterand LinkedIn.

Access our AVM and other property tools today to target these Canadian cities and more. Call 1-855-787-8439 or visit www.purview.ca.

Purview is just one of Teranet’s Financial Services Solutions; stay tuned for our upcoming portfolio unveiling!

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