8 Elm Condos.Canada is the best place to buy a house. The real estate report scores and ranks the average real estate prices of 45 cities across the country in recent years and the rate of increase in recent years, and lists the top 10 cities that are the most suitable for buying real estate and the fastest property appreciation.Please Visit: 8 Elm Condos to Get Your VVIP Registration Today!
Ontario’s North Bay ranks second in the country because of a benchmark house price of 385,100 yuan in 2021 and an 87% increase in three years. Quinte West and Hastings County ranked third, with benchmark housing prices rising 96 per cent in three years to 547,500 yuan last year.
Since house prices in both cities are far lower than the national average of 880000, 7100 yuan, they both got a 5-point assessment in the report.
The affordability of housing in North Bay makes many people willing to move north to live here, according to the report. In 2021, local benchmark house prices jumped 42% year-on-year, the biggest increase in Ontario. “if you like outdoor life and want the facilities of a big city and the feel of a small community, then North Bay will be a good place to live,” the report said.
With fast local Internet access and its own airport and train stations, North Bay is considered one of the most suitable cities for telecommuting.
House prices in Quinte West and Hastings County have risen 143% over the past five years, the report said. But it is still 200000 yuan lower than the national average. This is a good choice for people who want to own real estate.
“if you are looking for a place with more living space and beautiful waterfront scenery, then this would be the right choice,” the report said.
In addition, the report lists the country’s top 10 home buyers, with Ontario’s Tillsonburg, London and St. Thomas, Huron Perth, Grey Bruce Owen Sound and Brantford Region all in the top 10.
According to the report, large cities such as Toronto and Vancouver are at the bottom. The benchmark house price in Toronto was 1.02 million 3029 yuan, an increase of 34% in three years, ranking 43rd, while Vancouver ranked last among 45 cities, with a benchmark price of about 1.23 million yuan, an increase of 19% in three years.
