Peterborough

Peterborough is the second best Canadian city to buy real estate

General News

Peterborough is now the second best Canadian city to buy real estate in 2018 according to MoneySense. Peterborough rose from ninth place last year.

We still think Peterborough is number one!

Rank City Average home price (2017) Average 5-year rent increase Avg income to home price ratio 5-year annual ROI
1 Brantford (ON) $506,016 $887 5.88 4.48%
2 Peterborough (ON) $413,394 $908 4.76 4.62%
3 Victoria (BC) $975,838 $964 10.27 8.36%
4 Guelph (ON) $718,898 $999 6.92 10.54%
5 Kingston (ON) $416,028 $1,030 4.4 7.03%
6 Abbotsford – Mission (BC) $972,360 $797 10.64 11.22%
7 Vancouver (BC) $2,264,596 $1,158 22.64 13.08%
8 Barrie (ON) $632,509 $1,094 6.29 8.24%
9 London (ON) $485,801 $651 5.42 6.32%
10 Kelowna (BC) $890,583 $929 9.33 3.85%
11 Hamilton (ON) $622,853 $928 6.26 3.91%
12 St. Catharines – Niagara (ON) $546,770 $864 6.57 4.66%
13 Windsor (ON) $464,981 $735 5.6 7.07%
14 Kitchener – Cambridge – Waterloo (ON) $543,102 $953 5.49 4.57%
15 Ottawa (ON) $521,934 $1,070 4.88 1.58%

Top 15 Chart courtesy of Moneysense

 

Tagged
PTBO
Local News and Events for Peterborough, Ontario, Canada.
https://ptbo.com