I thought that you may find the Re/Max Canada outlook for the housing market to be of some interest. This is what is expected of housing prices in various areas in Ontario over 2022.
Location Increase in prices
Sault Ste. Marie 15%
Windsor 9.5%
Thunder Bay 10%
Collingwood/ Georgian Bay 9.5%
Sudbury 5%
North Bay 4%
Grand Bend 7.5%
London 10%
Kitchener Waterloo 6%
Niagara 14%
Hamilton 16%
Burlington 17%
Oakville 7.5%
Mississauga 14%
Brampton 8%
Toronto 10%
York Region 10%
Barrie 15%
Muskoka 20%
Durham Region 7%
Peterborough/ Kawartha Lakes 10%
Kingston 10%
Ottawa 5%
This largest increase is anticipated to take place in cottage country in Muskoka at 20%. The Largest GTA increase is expected to be in Burlington at 17%.
Brian Madigan LL.B., Broker