More people moved to North Bay than any other Canadian city in 2021: U-Haul report

P199, CC BY-SA 3.0 , via Wikimedia Commons
P199, CC BY-SA 3.0 , via Wikimedia Commons

Ontario Construction News staff writer

For the second year in a row, U-Haul has named North Bay as Canada’s top growth city of 2021, with more people renting trucks to move in than out.

North Bay Mayor Al McDonald said the city has “abundant green space, parks, trails, beaches, employment opportunities, along with affordable housing.”

“We have heard anecdotally from the real estate industry and many others in the community about an increasing number of people choosing to move to North Bay during the pandemic. Additionally, we have continued to make economic development a priority and marked our best building year ever in 2021, mainly due to residential construction,” he said.

“We expect this trend to continue throughout 2022 and are looking forward to the release of census data later this year so we can better assess the impact on our population and economy.”

Data from the Canadian Real Estate Association shows that home sales in North Bay were 22 per cent above the 10-year average for the month of November, while the overall benchmark price, according to the MLS Home Price Index, was $369,200, a gain of 40.4 per cent compared to a year ago.

accessible to residents here, and they offer a variety of recreational activities. Alberta is one of (the) best places to make a home.”

Rankings are in U-Haul’s annual Growth Index, released last week, with data from one-way U-Haul truck transactions used to calculate how many trucks are arriving in a city or province and how many are leaving in the same calendar year.

In its report, U-Haul points to a recurring theme from 2020 of people moving from “densely populated urban areas to less crowded, more affordable outlying markets.”

However, one of the lessons learned from COVID-19, she said, is that people can work from anywhere, “and I think that’s what’s driving some of this.”

The report shows that 14 of U-Haul’s top 25 growth cities in Canada for 2021 were in Ontario with the top five being North Bay, Belleville, Greater Sudbury, Quebec City and ..

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