Niagara

The hospitality and tourism industry will play a significant role in Niagara’s housing market in 2019, as out-of-town buyers look to Niagara for recreational properties, instead of a cottage in northern parts of Ontario. Detached homes are popular among young buyers in Niagara, while the condo market is primarily driven by retirees and out-of-town buyers. Growing trends include, two families buying a single home together and younger families moving in with their parents. Niagara is currently in a balanced market with 3.5 months of supply; the market is expected to remain balanced in 2019.

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Hamilton/Burlington