M City Condos Price List.Chinese house price vs Canadian house price? Half of the top 10 cities with the highest housing prices in 2019 are in Asia.Please Visit: M City Condos Price List to Get Your VVIP Registration Today!
Among them, Hong Kong, China, has the highest house prices in the world, at US $1.2544 million (about C $1.68 million). Housing prices in Shanghai, Shenzhen and Beijing are US $905800 (about C $1.21 million), US $783900 (about C $1.05 million) and US $763500 (about C $1.025 million) respectively.
Vancouver ranked seventh with US $754600 (C $1.003618 million), while Toronto ranked 12th with US $617900 (C $821800).
In April 2010, the house price is 19570 yuan per square meter in Beijing, 22378 yuan per square meter in Shanghai, 11689 yuan per square meter in Guangzhou and 20250 yuan per square meter in Shenzhen.
In July 2015, house prices are 27680 yuan per square meter in Beijing, 29958 yuan per square meter in Shanghai, 15876 yuan per square meter in Guangzhou and 36210 yuan per square meter in Shenzhen.
During the five-year regulation period, housing prices rose 23.27% in Beijing, 25.53% in Shanghai, 42.00% in Guangzhou and 61.19% in Shenzhen (4.23% in Beijing, 4.64% in Shanghai, 7.64% in Guangzhou and 11.13% in Shenzhen). It is estimated that by 2022, the house price in Beijing is about 48522 yuan / square meter, that in Shanghai is about 59315 yuan / square meter, that in Guangzhou is about 23394 yuan / square meter, and that in Shenzhen is about 89234 yuan / square meter.
Let’s take a look at Canada, Toronto and Vancouver are all cities with rapid house price appreciation, especially after Vancouver levied an additional 15% transfer tax on overseas people, and Toronto house prices surpassed Vancouver all the way. It is estimated that the amount of investment will be about 1148420 yuan or 1630720 yuan, which is 10 million lower than that in China. But we can see that when the amount of investment in Guangzhou is similar to that in Vancouver, the return on investment in Vancouver is more than double.
Although we have said before that Canadian house prices are not high, but can not stand Vancouver, Toronto house prices are expensive! According to a new study from Simon Fraser University in Vancouver, Vancouver overtook Los Angeles, New York and San Francisco to top the list of unaffordable real estate in North America. Toronto ranked fourth.
But in fact, Canadian provinces and cities vary greatly, with major urban areas such as Victoria, Hamilton and Calgary spending an average of more than C $400000, followed by Vancouver and Toronto. 306944 Canadian dollars in Halifax and 266578 Canadian dollars in Quebec, followed by lower prices in cities such as Winnipeg and Montreal.
Due to differences in regional economic development, house prices are also different in many cities in one province of Canada. For example, the average house prices in Ottawa, Oshawa and Windsor in Ontario are C $373200, C $480700 and C $247000, respectively. The prices in Calgary and Edmonton, the major cities of Canada, are C $458000 and C $378200 respectively.
So if you want to emigrate to Canada and think that the house prices in Vancouver and Toronto are too high, you can also consider other cities. Of course, even the most expensive Vancouver is cheaper than the domestic one.
If we calculate according to the average price of second-hand housing in Shanghai is 50, 000, a 100-square-foot house may cost 5 million a house, just an old apartment with a good location and in all respects. So what can I buy in Canada?
In the BC provinces of VERNON and WEST KOOTENAY, which are part of the Canadian Township and Northern Community Migration Program, for example, although house prices have experienced double-digit growth over the past year, they are still cheaper than the average prices in many nearby cities. A townhouse costs only C $200000, which means you can buy VERNON5 townhouses with amazing views, enjoy rolling vineyards and golf tournaments. Nelson in the WEST KOOTENAY area, you can buy two houses covering an area of 1000 square feet, and you can enjoy the maple leaves and winter snow at home.