Beyond the Big Cities: Why MICs Are Driving Growth in Canada’s Secondary Real Estate Markets (2025 Outlook)
As Canada continues to navigate a post-pandemic recovery and adjust to a 2.75% interest rate environment, the focus of real estate development is gradually shifting away from major metropolitan hubs like Toronto and Vancouver. Secondary markets—such as Kelowna, Kamloops, Nanaimo, Red Deer, and Barrie—are experiencing a surge in housing demand, infrastructure expansion, and investor interest….