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Where is the best Real Estate business facility in Canada?

Many newcomers think of investing in real estate every year when they settle. But is your place of selection for your home really an opportunity for purchase?

For the fifth year in a row, the city of Moncton, New Brunswick, would be the most affordable city in the country, according to a study by the Atlantic Institute of Market Research. In Moncton, the median price is $ 134,900 CAD for a house. This Acadian-populated French-speaking town is closely followed by Fredericton and Saint-Jean, still in the Maritimes, where home prices have also stagnated for many years.

Montreal and Quebec are not the least affordable, but compared to the Vancouver and Toronto markets, Montreal remains a city still accessible to young middle-class families. According to the Quebec Federation of Real Estate Boards (QFREB), the median price of single-family homes in Quebec is expected to stagnate at $ 234,000 in 2017. In Montreal, in the last quarter of 2016, the median price for all properties combined is $ 352,798. . In the Quebec City area in 2016, according to Royal LePage, the median price of all properties is $ 274,877. According to Royal LePage, in Trois-Rivières (between Montreal and Quebec City), the median price of properties is $ 183,709 in 2016.

At the other end of the spectrum, Vancouver is by far the most expensive city in the country at the habitat level. And not only is it the least affordable in Canada, Vancouver ranks 3rd in the world among the most expensive cities in the world according to the annual report of the company Demographia. The beautiful city of western Canada has a ratio of 11.8, so the average price of real estate is 11.8 times more expensive than the average family income (with an average real estate price of $ 830,100 for an average family income of 70 $ 500)

And in this list of the most expensive markets, the city of Toronto in Ontario is in 13th position.

1. Hong Kong
2. Sydney
3. Vancouver
4. Auckland
5. San Jose
6. Melbourne
7. Honolulu
8. Los Angeles
9. San Francisco
10. Bournemouth & Dorset
11. San Diego
12. London (Greater London Authority)
13. Toronto
14. Plymouth & Devon
15. London Exurbs (E & SE England)