How much has the cost of an average home increased over the past 20 years in Canada (Real Estate - Other Real Estate Ads)

Item ID 3802342 in Category: Real Estate - Other Real Estate Ads

How much has the cost of an average home increased over the past 20 years in Canada


There is one important question on every homeowner’s mind right now in Canada. How much is my home worth and how much has the value appreciated since I bought it? This is mainly because right now, the Canadian housing market has shot up in value. In many provinces, it costs an estimated $1 million (Canadian) to buy an average detached home in a suburban area.
Although, you may feel that the 7.05 % compounded growth rate is on the lower side, please remember that the costs of the house diminish over the years of your ownership. So, when you finish paying your mortgage, the value of your home has risen exponentially. Therefore, it is never the wrong time to buy your home.

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Target Prov.: Ontario
Target City : Toronto
Last Update : Jan 12, 2024 2:29 AM
Number of Views: 39
Item  Owner  : Grace
Contact Email:
Contact Phone: +1 (905) 4597900

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2024-05-04 (0.391 sec)