March 17, 2017

Was Your Down Payment a Good Investment?

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?