Most Affordable vs. Least Affordable Real Estate Markets in Canada
It doesn’t take a genius to figure out that
there is a huge divide between affordable housing versus insanely overpriced
markets. Nowadays, its one or the either and the in between is getting harder
to find. Here is a list of areas in Canada that stack up against each other as
the most affordable, versus the least affordable real estate markets.
Most Expensive Detached Markets:
- Vancouver, with a benchmark of $1,587,800
- Mainland region of BC, with a benchmark of $1,298,000
- Toronto, with a benchmark of $962,400
Most Affordable
Detached Markets:
- Saskatoon, with a benchmark of $320,600
- Regina, with a benchmark of $309,900
- Moncton, with a benchmark of $172,800
Most Expensive Condo Markets:
- Greater Vancouver, with a benchmark of $600,700
- Lower Mainland, with a benchmark of $ $548,700
- Oakville/Milton with a benchmark of $ $473,000
Most Affordable Condo Markets:
- Saskatoon, with a benchmark of $191,100
- Regina, with a benchmark of $188,300
- Moncton, with a benchmark of $152,800
Taken from an
article written by Kaitlin Last from Better Dwelling. https://betterdwelling.com/heres-how-real-estate-prices-across-canada-stack-up/#_
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