The Best Places to Invest Over the Past Year in Canada

Thursday Jun 16th, 2016

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Investors who purchased a year ago in these markets have enjoyed impressive appreciation gains.

In this second part of a two-part series, we look at markets east of Saskatchewan that have offered the best bang for investors’ buck.

Saskatchewan
Saskatchewan has been hard-hit over the past 12 months, due, in no small part, to a struggling oil and gas industry. Overall, its market saw a 1.9% price depreciation year-over-year in April, with Thompson taking the largest hit (-19.9%).

Investors in Winnipeg faired a little better, with prices dropping 1.1% year-over-year.

Winnipeg
Average price in April, 2015: $292,456
Average price in April, 2016: $292,456

Ontario
Ontario is home to the highest number of well performing markets, and there were a few that stuck out from the rest in terms of offering investors impressive appreciation.

York Region
Average price in April, 2015: $772,287
Average price in April, 2016: $939,299
Price appreciation: 21.6%
 
Oakville-Milton
Average price in April, 2015: $694,582
Average price in April, 2016: $833,953
Price appreciation: 20.1%
 
Niagara Falls-Fort Erie
Average price in April, 2015: $250,729
Average price in April, 2016: $299,737
Price appreciation: 19.5%
 
Durham Region
Average price in April, 2015: $437,473
Average price in April, 2016: $515,212
Price appreciation: 17.8%
 
New Brunswick
This province may not have been on many investors’ radars last year, but one hot market may change that.

Norther New Brunswick
Average price in April, 2015: $78,886
Average price in April, 2016: $116,076
Price appreciation: 51%

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