Will these be the next two cities to boom in 2016?

With the heat in the Toronto and Vancouver markets making affordability a real issue even investors are starting to look to other markets.

A report by PwC and the Urban Land Institute says that the growth in manufacturing, boosted by the low value of the Canadian dollar, will mean a shift in focus to the east of the country.

Although the two hottest markets will continue to see great interest, cities such as Calgary and Edmonton may well lose out to Saskatoon and Montreal.

Although Saskatoon has been affected by lower oil prices, its farmland in particular is appealing to investors.

The report also suggests that in Toronto and Vancouver the suburbs may start to see additional growth from those priced out of urban living. 

Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate

Market update:

Get help choosing the best mortgage rate

Just fill in a few details, and we'll arrange for a Mortgage adviser to help you find the best mortgage for your needs

  • How soon do you want a mortgage?
  • Name
  • Where do you live?
  • Phone number
  • E-mail address

Industry news

Submit a press release


Do you invest in commercial properties?