Top 10 Towns in Ontario for Real Estate Investment
The Real Estate Investment Network™ (REIN™), Canada’s leading real estate research organization has just released its latest report identifing the top regions that will outperform others in the province over the next five years.
REIN’s findings are based on in-depth research, analysis of the latest statistics, economic and social trends, and on-the-ground reports from REIN™’s research staff and members, along with reports and statistics from organizations such as Canadian Mortgage and Housing Corporation (CMHC), Statistics Canada, Multiple Listing Service (MLS), Canadian Home Builders Association, city and regional real estate boards, and local economic development offices.
The 140-page report looks at such factors as:
A. Is the area’s population growing faster than the provincial average?
B. Are new infrastructures being built to handle that growth?
C. Is the area creating new jobs and taking steps to maintain current employment levels?
D. Will Toronto benefit from an economic or real estate ripple effect?
E. Has political leadership created an economic growth atmosphere?
F. Are there major transportation improvements in the works?
The following Ontario Towns and communities are ranked as:
1) Kitchener & Cambridge
8) Durham Region (Whitby, Pickering, and Ajax)
About the Top Ontario Investment Towns report
The Top Ontario Investment Towns report was first published in 2004 in response to growing demand from investors to know the province’s best locations for cash flowing properties. The report is released every second year and provides investors with comprehensive information on which areas of the province will outperform over the next decade. The communities listed in REIN’s report have been ranked according to their long-term investment potential, not short-term speculative market runs. Many sources are consulted in order to provide real estate investors with the most comprehensive information, including Canadian Mortgage and Housing Corporation, Multiple Listing Service (MLS), Statistics Canada, Regional Real Estate Boards, and local economic development offices. Additionally, real estate investors and REALTORS© who were well acquainted with particular cities and towns were consulted to provide ‘real time’ and ‘on the street’ experiences. The entire report is available for download free of charge on the company’s website at www.topontariotowns.com.
– See more at: http://www.reincanada.com/aboutus/media-news/press-releases/ontario-towns-named-2014-and-beyond-kitchener-cambridge-tie-1/#sthash.6bb1AV3s.dpuf