RE/MAX Holdings Inc. has highlighted emerging neighbourhoods in the Greater Toronto and Greater Vancouver Areas, emphasizing the impact of rapid population growth and significant infrastructure investments, particularly in transportation. According to their analysis, these developments are transforming traditionally undervalued urban and suburban areas into attractive options for homebuyers seeking shorter commute times and improved affordability. The report notes that while four out of five Canadians would recommend their neighbourhood as a great place to live, three-quarters have made compromises, often accepting higher housing costs in urban areas. Younger Canadians, in particular, see local population growth positively. RE/MAX identifies two types of emerging neighbourhoods: those undergoing advanced development and regions previously undervalued due to transportation access issues and misconceptions. Affordability and liveability remain top priorities for Canadians when choosing neighbourhoods.