This statistic shows the leading cities for residential real estate in Ontario in 2015, by five-year price appreciation. Hamilton, Ontario was found to be the third best city to invest in real estate in, as the value of the properties there increased by 7.3 percent over a five year period.
Leading cities for residential real estate in Ontario in 2015, by five-year price appreciation
Characteristic
Five-year price appreciation
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Other metrics, such as average household income, unemployment rates, average income to house price, average home price (2015), were also used by the source to determine the ranking.
Five-year price appreciation refers to an increase in the value of an asset, residential real estate in this case, over five years.
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MoneySense. (March 10, 2016). Leading cities for residential real estate in Ontario in 2015, by five-year price appreciation [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/590455/leading-cities-for-property-in-ontario-by-five-year-price-appreciation/
MoneySense. "Leading cities for residential real estate in Ontario in 2015, by five-year price appreciation." Chart. March 10, 2016. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/590455/leading-cities-for-property-in-ontario-by-five-year-price-appreciation/
MoneySense. (2016). Leading cities for residential real estate in Ontario in 2015, by five-year price appreciation. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/590455/leading-cities-for-property-in-ontario-by-five-year-price-appreciation/
MoneySense. "Leading Cities for Residential Real Estate in Ontario in 2015, by Five-year Price Appreciation." Statista, Statista Inc., 10 Mar 2016, https://www.statista.com/statistics/590455/leading-cities-for-property-in-ontario-by-five-year-price-appreciation/
MoneySense, Leading cities for residential real estate in Ontario in 2015, by five-year price appreciation Statista, https://www.statista.com/statistics/590455/leading-cities-for-property-in-ontario-by-five-year-price-appreciation/ (last visited July 22, 2024)
Leading cities for residential real estate in Ontario in 2015, by five-year price appreciation [Graph], MoneySense, March 10, 2016. [Online]. Available: https://www.statista.com/statistics/590455/leading-cities-for-property-in-ontario-by-five-year-price-appreciation/