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Was Your Down Payment a Good Investment?

Zoocasa by Zoocasa
March 17, 2017
in Real Estate News, Toronto Real Estate, Vancouver Real Estate
Reading Time: 1 min read
Was your down payment a good investment?
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With national home prices on a steady rise (up 3.5% year over year in February, and over 20% in Canada’s most competitive markets), how would a home buyer who purchased a property last year be faring on their investment now? Zoocasa has crunched the numbers, using the latest housing market data released by the Canadian Real Estate Association, to find the average return on down payment investment per major real estate centre.

Related Read: Will the US Fed Rate Hike Mean Higher Canadian Mortgage Rates?

Was your down payment a good investment?

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Zoocasa is an award-winning prop-tech company and wholly owned subsidiary of eXp Realty Inc. LLC. Zoocasa uses data and technology to deliver an intelligent, end-to-end real estate experience. Zoocasa’s insights and suite of digital tools, combined with the market expertise of its dedicated agents and team allows Zoocasa to set a new standard for full-service real estate. A 4-time winner of both the Financial Times' Fastest Growing Companies in the Americas and the Top Growing Companies in Canada by the Globe and Mail, Zoocasa continues to innovate on the home buying, selling and search experience online.

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