{"id":18371,"date":"2021-07-06T01:00:00","date_gmt":"2021-07-06T05:00:00","guid":{"rendered":"https:\/\/www.zoocasa.com\/blog\/?p=18371"},"modified":"2021-10-07T16:45:34","modified_gmt":"2021-10-07T20:45:34","slug":"best-places-to-buy-real-estate-in-canada-in-2021","status":"publish","type":"post","link":"https:\/\/www.zoocasa.com\/blog\/best-places-to-buy-real-estate-in-canada-in-2021\/","title":{"rendered":"These are the Best Places to Buy Real Estate in Canada in 2021"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Buying a home is a major milestone and the largest financial asset for many Canadians &#8211; but following a year and a half of \u201csupercharged\u201d market conditions that have driven demand and price growth to new heights, where can prospective home buyers find the best value for their dollar?<br><br>With the intention of simplifying the complex task of buying a home amid a pandemic, <a rel=\"noreferrer noopener\" href=\"https:\/\/www.moneysense.ca\/\" target=\"_blank\">MoneySense<\/a><em>,<\/em> in partnership with Zoocasa, has released the <a rel=\"noreferrer noopener\" href=\"https:\/\/www.moneysense.ca\/spend\/real-estate\/where-to-buy-real-estate-in-canada-2021-overview\/\" target=\"_blank\"><strong>2021 edition of Where to Buy Real Estate in Canada<\/strong><\/a>, revealing which real estate markets offer the best price point, value growth, and overall livability.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As the official data provider for the feature, <a rel=\"noreferrer noopener\" href=\"https:\/\/www.zoocasa.com\" target=\"_blank\">Zoocasa<\/a> ranked neighbourhoods and municipalities across 17 regions from coast to coast using proprietary methodology that takes into account average home prices, price growth over time, as well as neighbourhood characteristics and economics. The findings reveal value and demand conditions in housing markets across the nation.<\/p>\n\n\n\n<div class=\"cta\">\n<div class=\"cta-left\">\n<div class=\"cta-title\">Thinking of buying a home?<\/div>\n<div class=\"cta-body\">Connect with a Zoocasa agent<\/div>\n<\/div>\n<div class=\"cta-right\"><a href=\"https:\/\/www.zoocasa.com\/\"><button class=\"cta-button\">View All Listings<\/button><\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>The Best Neighbourhoods to Buy a Home<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The findings are especially poignant in 2021, as the concept of home has changed over a year and a half of lockdown restrictions; with many dwellings now serving as workplace, school, and gym, a greater need for space has drawn buyers out of city centres and into further-flung communities. That has introduced new market dynamics not typically seen in smaller locales, such as rapid price appreciation, bidding wars, and supply challenges.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cAs the pandemic has made homeownership more important than ever, it has driven new trends in home buying psychology,\u201d states Lauren Haw, CEO and Broker of Record at <a rel=\"noreferrer noopener\" href=\"https:\/\/www.zoocasa.com\/\" target=\"_blank\">Zoocasa Realty<\/a>, in the report. \u201cMore buyers are looking to upsize their homes and are looking to markets where it\u2019s most affordable to do so. As well, the ability to work from home has untethered many from living near business centres, and has offered buyers the flexibility to relocate [farther afield] to markets they may not have previously considered.\u201d<br><\/p>\n\n\n\n<h4 class=\"wp-block-heading\">According to the ranking, the following municipalities offer home buyers the greatest value in 2021:<\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li>Bancroft: 4.5 Stars (average 2020 home price: $292,733, 3-year growth: 78%)<\/li><li>Woodstock-Ingersoll: 4 Stars (average 2020 home price: $443,383, 3-year growth: 67%)<\/li><li>London-St. Thomas: 4 Stars (average 2020 home price: $436,433, 3-year growth: 77%)<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">The following municipalities ranked the lowest in terms of value and buying conditions:<\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li>City of Vancouver: 1 Star (average 2020 home price: $1,056,897, 3-year growth: 3%)<\/li><li>Oakville-Milton: 1 Star (average 2020 home price: $1,116,275,&nbsp; 3-year growth: 14%)<\/li><li>City of Toronto: 1.5 Stars (average 2020 home price: $915,001,&nbsp; 3-year growth: 14%)<br><\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Browse Listings in Canada&#8217;s Best Places to Buy Real Estate<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>1. Bancroft<\/strong><\/p>\n\n\n\n<!-- iframe plugin v.4.5 wordpress.org\/plugins\/iframe\/ -->\n<iframe loading=\"lazy\" src=\"https:\/\/www.zoocasa.com\/team\/listings-widget?rental=false&#038;status=available&#038;slug=bancroft-on&#038;latitude=45.0465966801884&#038;longitude=-77.7541383561192&#038;zoom=14&#038;detached=true&#038;semidetached=true&#038;attached=true&#038;townhouse=true&#038;condo=true&#038;bedrooms=0%2B&#038;bathrooms=1%2B&#038;parking-spaces=0%2B&#038;open-house=false&#038;garage=false&#038;pool=false&#038;fireplace=false&#038;waterfront=false&#038;single-family=false&#038;basement-apartment=false&#038;duplex=false&#038;triplex=false&#038;fourplex=false&#038;locker=any&#038;area-name=Bancroft%2C%20ON&#038;include-private-listings=true\" style=\"min-height: 500px;\" width=\"100%\" height=\"500\" scrolling=\"yes\" class=\"iframe-class\" frameborder=\"0\"><\/iframe>\n\n\n\n\n<p class=\"wp-block-paragraph\"><strong>2. Woodstock-Ingersoll<\/strong><\/p>\n\n\n\n<!-- iframe plugin v.4.5 wordpress.org\/plugins\/iframe\/ -->\n<iframe loading=\"lazy\" src=\"https:\/\/www.zoocasa.com\/team\/listings-widget?rental=false&#038;status=available&#038;slug=woodstock-on&#038;latitude=43.1384743479268&#038;longitude=-80.7239035973205&#038;zoom=14&#038;detached=true&#038;semidetached=true&#038;attached=true&#038;townhouse=true&#038;condo=true&#038;bedrooms=0%2B&#038;bathrooms=1%2B&#038;parking-spaces=0%2B&#038;open-house=false&#038;garage=false&#038;pool=false&#038;fireplace=false&#038;waterfront=false&#038;single-family=false&#038;basement-apartment=false&#038;duplex=false&#038;triplex=false&#038;fourplex=false&#038;locker=any&#038;area-name=Woodstock%2C%20ON&#038;include-private-listings=true\" style=\"min-height: 500px;\" width=\"100%\" height=\"500\" scrolling=\"yes\" class=\"iframe-class\" frameborder=\"0\"><\/iframe>\n\n\n\n\n<p class=\"wp-block-paragraph\"><strong>3. London-St Thomas<\/strong><\/p>\n\n\n\n<!-- iframe plugin v.4.5 wordpress.org\/plugins\/iframe\/ -->\n<iframe loading=\"lazy\" src=\"https:\/\/www.zoocasa.com\/team\/listings-widget?rental=false&#038;status=available&#038;slug=london-on&#038;latitude=42.9533556473465&#038;longitude=-81.2381127328902&#038;zoom=14&#038;detached=true&#038;semidetached=true&#038;attached=true&#038;townhouse=true&#038;condo=true&#038;bedrooms=0%2B&#038;bathrooms=1%2B&#038;parking-spaces=0%2B&#038;open-house=false&#038;garage=false&#038;pool=false&#038;fireplace=false&#038;waterfront=false&#038;single-family=false&#038;basement-apartment=false&#038;duplex=false&#038;triplex=false&#038;fourplex=false&#038;locker=any&#038;area-name=London%2C%20ON&#038;include-private-listings=true\" style=\"min-height: 500px;\" width=\"100%\" height=\"500\" scrolling=\"yes\" class=\"iframe-class\" frameborder=\"0\"><\/iframe>\n\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Check out the full <a rel=\"noreferrer noopener\" href=\"https:\/\/www.moneysense.ca\/spend\/real-estate\/where-to-buy-real-estate-in-canada-2021-overview\/\" target=\"_blank\">MoneySense Where to Buy Real Estate in Canada<\/a><\/strong><a href=\"https:\/\/www.moneysense.ca\/spend\/real-estate\/where-to-buy-real-estate-in-canada-2021-overview\/\"><strong> <\/strong><\/a><strong>report.<\/strong><\/p>\n\n\n\n<div class=\"cta\">\n<div class=\"cta-left\">\n<div class=\"cta-title\">Want to sell your home?<\/div>\n<div class=\"cta-body\">Connect with a Zoocasa agent<\/div>\n<\/div>\n<div class=\"cta-right\"><a href=\"https:\/\/www.zoocasa.com\/sell-with-zoocasa\"><button class=\"cta-button\">Sell Your Home With Us<\/button><\/a><\/div>\n<\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Buying a home is a major milestone and the largest financial asset for many Canadians &#8211; but following a year and a half of \u201csupercharged\u201d market conditions that have driven demand and price growth to new heights, where can prospective home buyers find the best value for their dollar? With the intention of simplifying the [&hellip;]<\/p>\n","protected":false},"author":27,"featured_media":18373,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":{"subtitle":"","format":"standard","video":"","gallery":"","source_name":"","source_url":"","via_name":"","via_url":"","override":[{"single_blog_custom":"","sidebar":"","second_sidebar":"","share_position":"","share_float_style":"","post_date_format":"","post_date_format_custom":"","post_reading_time_wpm":"","zoom_button_out_step":"1","zoom_button_in_step":"1","number_popup_post":"1"}],"image_override":[{"single_post_thumbnail_size":"","single_post_gallery_size":""}],"trending_post_position":"","trending_post_label":"","sponsored_post_label":"","sponsored_post_name":"","sponsored_post_url":"","sponsored_post_logo":"","sponsored_post_desc":""},"jnews_primary_category":{"id":""},"footnotes":""},"categories":[76,71],"tags":[],"class_list":["post-18371","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buying-a-home","category-zoocasa-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Best Places to Buy Real Estate in Canada 2021 | Zoocasa Blog<\/title>\n<meta name=\"description\" content=\"Whare are the best places to buy real estate in Canada? 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