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While the latest interest rate hikes might be helping to cool real estate activity in Canada, several smaller markets are seeing an annual increase in the average price per square foot of a home, according to a new survey. CTVNews.ca has compiled a list of cities with some of the most and least expensive home prices, based on the average cost per square foot.
As average home prices begin to stabilize in Canada, a new report is showing where Canadians are paying some of the lowest homeownership costs. CTVNews.ca has put together a list of homes currently on the market in these areas.
The national average price of a home in Canada is approximately $645,000, a figure that may be out of reach for many prospective homebuyers. CTVNews.ca has gathered a list of properties currently on the market for about half that price.
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While the latest data from the Canadian Real Estate Association shows that the average price of a home in Canada declined month-over-month, Canadians still spent more on home purchases in April 2022 than they did one year before. CTVNews.ca has gathered properties from across the country, listed at what is considered the average price of a home in their respective regions.