This article was originally published on MoneySense.com by Mark Brown and Romana King. View link below.
Guelph has topped the list as the city with the most attractive real estate for buyers in Canada, according to the 2017 MoneySense Where to Buy Now ranking. In doing so, it bumps Thunder Bay from the perch it had held for two consecutive years, knocking that city down to fourth spot.
This year’s ranking is released as concerns about Canada’s housing market took on a new sense of urgency. One by one in the span of a few days bank CEOs, governments and economists have expressed their discomfort with what they see unfolding in the housing sector. A report showing Toronto home prices surged 33% year-over-year in March served as an expensive exclamation point.
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