This is what $1 million can buy you in Canada's housing market - BNN Bloomberg

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As home prices and sales activity increased in Canada’s two largest real estate markets last month, a report from Zoocasa released Monday highlights what homebuyers can purchase with $1 million.

from Keefe, Bruyette & Woodst, released Tuesday showed that over the past four months, relative to trough levels in January 2023, home prices rose eight per cent in Toronto and seven per cent in Vancouver.

Amid rising prices in Canada’s major real estate markets, here is a look at what homebuyers can get with $1 million. The property is a condo apartment that features two bedrooms, two bathrooms and one parking space. It has floor-to-ceiling windows and an open-concept floor plan. The property is a detached home, with four bedrooms, three bathrooms and eight parking spaces. It also has a fully-fenced backyard. The property is a two-storey home that was renovated in 2020.

 

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