Ontario is one of the most important provinces in Canada. Many immigrants choose it as their new home because of the many benefits and quality of life that it offers. The real estate market is not far behind. We have all witnessed how much real estate sales have risen and how much the prices have risen. The question is, is it worth investing? And if so, in which city will the highest return on investment be obtained? A new report from the Real Estate Investment Network (REIN) ranked Ontario's largest metropolitan areas for its performance in the real estate market and the projections of that investment over the next 5 years. In terms of growth, diversity and strength, Ottawa was highlighted in the broad survey, which analyzed multiple factors such as economic health, employment, GDP, population growth, housing prices and general affordability, rent and many other aspects. REIN ranked the following cities in order of strength in the housing market and potential performance in the next half decade:

• Ottawa
• Kitchener -Waterloo-Cambridge
• Hamilton
• Barrie
• Brampton
• Durham Region
• Toronto
• Kingston
• Orillia
• Grimsby and St. Catharines

REIN also cited the following cities as honorable mentions, in no particular order:

• Milton
• Niagara Region
• London
• Thunder Bay
• Vaughan
• Chatham

Are you looking to invest in real estate? Our mortgage experts can tell you exactly how much you can afford, what is the best mortgage for you or what interest rate you should expect. Contact me and I will gladly advise you.