St. Catharines-Niagara real estate one of the top markets in Canada

St. Catharines-Niagara real estate one of the top markets in Canada

Source: MoneySense Magazine

St. Catharines-Niagara has been ranked as the 5th best city in Canada to buy real estate, which is up from 12th in last year’s ranking. MoneySense annually ranks the top 35 cities in the country to buy real estate based on the value of single-family homes reported by the Canadian Mortgage and Housing Corporation. They measure this by the value of properties in comparison to the surrounding neighbourhood, and the projected long term appreciation value. The average house price in St. Catharines-Niagara for 2018 is $393,500 with an expected one year ROI increase of 7%.

St. Catharines-Niagara has shown that it has positioned itself well to cultivate both domestic and international investment in industrial and commercial ventures. The region shows that it has the ability to compete in a global market, while also being a great place to live.

The other cities in the top 5 were Windsor, Guelph, Brantford, and Victoria.

Read more at MoneySense and the St. Catharines Standard

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