Latest research forecasts which Ontario cities will outperform the rest of the province's housing and rental markets, despite recent dramatic value increases
VANCOUVER, March 5, 2018 /CNW/ - A new report released today shows Ottawa, our nation's capital, has the growth, diversity and strength required to lead the province in real estate market performance over the next five-year period. The report – REIN's top 10 Ontario Cities - helps home-buyers, sellers, developers and investors decide whether now is a good time to buy, or sell, a property in their target city.
For 26 years the Real Estate Investment Network (REIN) has been providing independent research and analysis reports on housing markets across Canada and has earned its reputation as a dependable source in providing unbiased research and analysis.
Studying 36 economic and market factors, REIN identifies Ontario real estate markets that are poised to outperform over the rest of the province. The detailed report provides additional analysis that concludes where each market is in the real estate cycle and what to expect as the cycle continues.
Ranked in order of potential for housing market strength over the coming five-year period:
1) Ottawa 2) Kitchener -Waterloo-Cambridge 3) Hamilton 4) Barrie 5) Brampton 6) Durham Region 7) Toronto 8) Kingston 9) Orillia 10) Grimsby and St. Catharines
Receiving honorable mentions, in no particular order, are:
"This is the first time in the over 26 years of producing these reports that there are so many wild-cards in play each of which can have a direct impact on the housing markets across the province," says Don R. Campbell, REIN's Senior Analyst, "that is why now, more than ever, it is important for home-buyers, investors and developers to dig deeper in their research before making a decision. That is why we have factored in 36 different components for each city as we uncover the least risky markets in the province".
For the first time, the report looks beyond the economic fundamentals and market influencers, digging deeper to reveal where, when, and how to invest:
Where each city sits in the technical phase of REIN's real estate cycle.
For investors: Given each city's phase in REIN's real estate cycle, the report shares which investment strategies and tactics will be the most, or least, effective.
For home buyers: The report provides answers to the key question on whether or not now is a good time to sell, given a city's position in the cycle.
For those who pay close attention there are many possibilities and opportunities when employing the appropriate investing strategies and related tactics:
Buy and Hold
Rent to Own
Fix and Flip
At the right time, in the right phase of REIN's real estate cycle, in the right city.
REIN has more than 26-years of experience providing education, support, leadership and guidance to Canadian Real Estate Investors. REIN delivers unmatched research and analysis to a community of members, the public, media, and corporate partners. REIN publishes unbiased research and educational material specific to regional real estate markets across Canada. REIN uses analytic tools and formulae, along with fundamental economic research, based on its proprietary ACRE (Authentic Canadian Real Estate) system, to help homeowners and investors make financial decisions that are fact-based, not emotionally driven.