Ontarians on the Move, 2021 Edition. #9— The simple explanation is that population growth caused Ontario real-estate prices to boom before the pandemic. Here’s the more complex answer.

Source: Ontario Ministry of Finance
Source: Statistics Canada Table 17–10–0009–01
Refer to: Ontarians on the Move, 2021 Edition. The Short Version
Refer to: Ontarians on the Move, 2021 Edition. The Short Version
Source: Statistics Canada Table 17–10–0061–01
Source: Statcan Table 34–10–0135–01
Source: Statcan Table 34–10–0135–01
Source: Statcan Table 34–10–0135–01
Source: CREA.
Source: Ratehub
In the eleven years prior to Jan 2016, only two communities experienced brief periods of 20% year-over-year price growth: Oakville Milton in 2010 and Bancroft in 2015.

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Mike Moffatt

Mike Moffatt

Senior Director, Smart Prosperity. Assistant Prof, Ivey Business School. Exhausted but happy Dad of 2 wonderful kids with autism. I used to do other stuff.