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Saturday, March 10, 2018

Orillia Makes Top 10 in Real Estate Survey

Orillia | by Ken Hashizume  

Orillia placed 9th while Barrie was 4th among Ontario cities.


Orillia is one of the best places in Ontario for real estate investment.
 
According to a report by the Real Estate Investment Network, Orillia place ninth in the Top 10 of cities in Ontario set to outperform the housing and rental markets over the next 5 years.
 
The report says housing starts in Orillia jumped 110 percent between 2016 and 2017 with prices consistently increasing since 2015.
 
Barrie is at number 4.
 
36 different economic and market factors were used to comprise the list.
 
Here is a list of the Top-10:
 
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
 
Honourable mentions:
 
Milton
Niagara Region
London
Thunder Bay
Vaughan
Chatham
 
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