As home prices drop, here's what you can get in Canada's most affordable markets

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CTVNews.ca has compiled a list of homes in some of the most affordable regions across Canada, as many real estate markets see drops in average prices.

The average price of all residential property types in Canada fell to $629,971 in July, a significant drop from the record-high average of $816,620 recorded in February.

Regions such as Saguenay, Que., Saint John, N.B. and Trois-Rivières, Que. had the most affordable home prices across Canada in July. Cathcart also pointed to rural parts of provinces such as New Brunswick, Quebec, Ontario, and Saskatchewan, as having low average home prices compared to other parts of the country.

Displayed in the graphic are regions in Canada with the lowest average home prices, all of which are below the national average home price of $629,971.

 

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