Conveniently, the most affordable housing in Canada is also the most spectacular.
If you’re in the market to buy a house, you know it can be a little challenging. And if you’re not in the market to buy a house because of astronomical prices in your area, you know it can be a lot challenging.
Earlier this year, the average house price in Canada rose by 31.6%, the highest increase on record. But Newfoundland and Labrador’s housing is Canada's best-kept secret.
The average home in St. John’s costs $265,600 – nearly half of that of Halifax. And in contrast to Toronto, where the average house price is over $1,000,000, there really is no comparison.
If purchasing a home is not in your plans, the rental market is also much more affordable here. The cost to rent a spacious two-bedroom place in St. John’s is $950 – home office, anyone? Get a lot more space for your money.
You know what they say: good things come in small population densities.
Discover Affordable Housing