KEY FINDINGS: – 56 percent say that moving to a different neighbourhood/community would be one of the top three sacrifices they would make.
– Based on average residential selling price, Brandon, MB ranked as the most affordable market in 2022. This is followed by Regina, SK (which remained on the list year-over-year), St. John’s, NL, Moncton, NB, and Red Deer, AB.
– Based on the share of income spent on mortgage payments, Red Deer, AB ranked as Canada’s most affordable housing market, with 25.86% of average monthly income spent on the average-priced home.
Taking on a mortgage is no casual agreement — which is why the loan qualification process is so stringent — but you’ll nearly always have options. And perhaps one of the most exciting is the prospect of paying off your mortgage early.
Large, open kitchens with stainless steel appliances remain in demand, she adds. But before you start planning an HGTV-caliber remodel, there’s one thing you should do first to ensure you’re getting the highest ROI possible: “Look at other homes in the neighborhood to see what they have as the…