Richmond Hill Takes Crown as Canada's Hottest Housing Market

Royal LePage says the surge in Richmond Hill was the largest in the country.

Categorized in: Business, Quality of Life Posted on: April 18, 2017 Last updated on: April 18, 2017 Written by: Nathan Allen

Housing prices in the GTA have ballooned by 20 per cent over the last year, with Richmond Hill and Oshawa showing the largest gains, according to a housing survey released Tuesday by Royal LePage.

The survey found an increased demand in suburban areas outside downtown Toronto, with Richmond Hill and Oshawa leading the way. Home prices in those areas have risen by 31.5 per cent and 28.2 per cent, respectively.

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