May 26, 2022
Developers and planners say current uptick is just the beginning as the commuter link to the GTA starts to pay dividends
Niagara Region home values have jumped 47.13 per cent over the last three years, these prices are rising faster than anywhere else in Canada, the Canadian Real Estate Association reports. (Over the same period, GTA prices rose by 25.30 per cent.) New homes account for much of this growth, with the Niagara Region Planning and Economic Development Committee reporting that investment in building construction grew by 56 per cent from 2015 to 2018, compared to 19 per cent for Ontario as a whole.