Cottage country is the new battleground for housing bidding wars

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Bidding wars are to be expected when buying a house in a big city market, but now they have spilled beyond even the suburbs to otherwise calmer, more remote areas, known as peri-urban regions.

The pandemic-driven outward migration of households from central parts of the city to the towns forming the extended urban boundary has generated quite a lot of hype. Nowhere is this hype more visible than the cottage country surrounding the Greater Toronto Area (GTA).

Continue Reading in the Financial Post