Written by 8:22 PM General Views: 15

Where Should You Live? (If You Have a Choice)

If you want to buy your home low and sell high, see this Globe & Mail report about urbanization.

The gist is that towns and cities on the edges of major  population areas are spiking in value.  People who can’t afford to live within big city limits are pumping periphery home values.

Milton, Ontario–55 km’s outside of Toronto and pictured on the right–is a prime example.  Milton’s population has jumped 71% since 2001, with an similarly impressive jump in home values.

Visited 15 times, 1 visit(s) today

Last modified: April 25, 2014

Robert McLister is one of Canada’s best-known mortgage experts. A mortgage columnist for The Globe and Mail, interest rate analyst and editor of MortgageLogic.news, Rob has been covering Canada's mortgage market since 2007.

Close