The average cost of a home in Canada is now $448,862, according to the Canadian Real Estate Association. So what type of property can a buyer get for that amount?
The average cost of a home in Canada is now $448,862, according to the Canadian Real Estate Association. That’s a 9.2% increase in April, compared to one year ago.
Maclean’s offers buyers a look at what that amount can fetch clients across Canada. Not surprisingly, the properties are more spacious in the Prairies and Eastern provinces, and much smaller in urban centers like Vancouver and Toronto.
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