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Apartments vs. Detached Houses: a Decade of Investment Returns in Canada Revealed
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A decade is enough time to transform the investment landscape of the Canadian real estate market. In 2016, the average price of a condo in Victoria, British Columbia, was $330,000 CAD; today, the average price of a similar property has soared to nearly $670,000 CAD. Meanwhile, investors holding condos in Edmonton, Alberta, have seen an average appreciation of less than $2,000 CAD over the past decade, which in many areas isn't even enough to cov…
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