Vincent condo vaughan . The epidemic changed the way of life. House prices in second-tier cities in Canada have soared. An epidemic has changed the way Canadians live, with new populations pouring into some second-tier urban areas and house prices soaring.Please Visit: Vincent condo vaughan to Get Your VVIP Registration Today!
According to Statistics Canada, the communities with the highest population growth rates are Oshawa (Oshawa), Halifax (Halifax) and Kitchener-Waterloo-Cambridge (Kitchener-Waterloo-Cambridge).
Brian (Sandra Bryant), who has been a real estate agent in Halifax, Nova Scotia, for 40 years, has never seen buyers flocking to the city as they did in 2020. “it was the best year I’ve ever had.”
Brian said that in the past, house prices in the city were always low, but in the past year, many young people who lived in Toronto decided to seek a different pace of life in the Atlantic, which led to a high demand for homes. there are almost multiple groups of buyers bidding in the real estate market.
Halifax’s population grew by 2% last year, making it the second fastest growing community, while Kitchener-Cambridge-Waterloo in Ontario also grew by 2%, according to the Bureau of Statistics. The city with the highest population growth was Oshawa, on the outskirts of Toronto, Ontario, with an increase of 2.1%.
At the same time, Toronto and Manchuria could record record population wastage between July 2019 and July 2020. The Bureau of Statistics said the phenomenon of urban population transfer was “an important monitoring trend”. “personal health, long-distance working conditions and high housing costs are the most important factors that have led many Canadians to decide to continue (or not to continue) living in the centers of the big cities hardest hit by the epidemic,” the report said. “
The report depicts some phenomena: young couples are free to find housing elsewhere because they work from home, and low interest rates make it easier to buy.
Howie (Lauren Haw), chief executive of Zoocasa, a real estate agency that provides market analysis, said many buyers are happy that they can buy bigger houses in second-tier cities at the same price. “in the past, people could only buy an one-bedroom apartment in downtown Toronto for 600000, but now they can buy a big house in Barrie, Ancaster, Guelph or London.”
Real estate agent Baird (Paul Baird) said he came across a case in which a city house priced at 550000 yuan received offers from 39 buyers. The reason for bidding, he said, was simple: “there is too much demand and not enough supply.”