Will the Future of Toronto Real Estate be in Suburbs and Beyond?

Over the past few months, price increases in the suburbs such as Mississauga, Oakville and beyond have outpaced the City of Toronto. In this video we go over some possible causes, and talk about whether this is short term or the start of a long term shift in Toronto Real Estate.

Real Estate Statistics used in this video:

Average Year over Year Price Increase All Properties:

City of Toronto: 7.18%
Peel Region: 12.08%
Halton Region: 12.25%
Durham: 18.16%
York: 12.14%
Simcoe: 20.15%
Source: Toronto Regional Real Estate Board Market Watch Report October 2020

Hamilton – Burlington: 19.8%
Cambridge: 27.9%
Source Canadian Real Estate Association:

Hamilton and Cambridge Source