My Real Estate Blog - Market Trends, Tips & Updates

Toronto has been ranked as Canada’s most attractive city to move to, according to a survey from finance planning website Finder.com.

The survey asked 1,200 Canadian adults to rank the cities they would consider moving to. Ten percent of respondents said they’d move to Toronto in order to be able to buy a place, with Halifax being the second most popular choice (9.67%), particularly among those aged 35 to 44 (16%). Saint Catharines/Niagara came in third place (8%), followed by Ottawa (7.83%), Kelowna, London, and Kitchener (all 6.92%). Ottawa was particularly popular among young folk, with over a fifth of 18 to 24-year-olds saying they’d be willing to move there to buy.

On the opposite end of the scale, Regina is the city people are least likely to want to move to (2.67%), followed by Whistler (2.75%), Windsor (3.5%), Saskatoon (3.58%), and Oshawa (4.08%).

The survey also revealed that residents from the West Coast are more likely to move to buy a place, with well over half of Canadians from the region (59.83%) claiming they’d make the change. West Coasters are most likely to be open to moving to Kelowna (19.66%), followed by Calgary and Victoria (both 12.82%) and Vancouver (11.97%). They’re least likely to move to Oshawa (0.85%), Quebec, or Hamilton (both 1.71%).

Meanwhile, just 50% of Canadians living in the Prairie provinces would consider moving cities. The top city picks are Calgary (13.60%), Kelowna (12.72%), Canmore (11.40%), Edmonton, and Winnipeg (both 10.09%). The least popular destinations are Hamilton (0.88%), Oshawa, Kitchener and Quebec (all 2.19%).