Quiz: Can you guess the prices of these Canadian homes?

Prices vary greatly across Canada, from Vancouver to Calgary to Toronto to Montreal and beyond. Do you think you have what it takes to score 100 per cent on our Canadian housing quiz? Here’s a little refresher before you test your real estate knowledge.

According to the Canadian Real Estate Association (CREA), national home sales in April 2016 rose to their highest level ever. Of course, the average price of a condo or home varies from market to market, but do you know by how much?

The Royal LePage House Price Survey released on April 7, 2016 revealed the average prices across the country from the first quarter of 2016. The average housing prices can be found below (and used as a bit of a cheat sheet).

Vancouver

In April 2016, the average price of a home in Vancouver was $1,091,767, according to the CREA. Because the prices change between Vancouver and Greater Vancouver, both market prices are included below from Royal LePage’s report.

Average housing prices in Greater Vancouver

Two storeys: $1,418,231
Bungalows: $1,116,136
Condos: $487,300

Average housing prices in Vancouver

Two storeys: $2,374,155
Bungalows: $1,302,427
Condos: $578,516

Calgary

According to CREA, the average home price in Calgary was $460,114 in April 2016.

Average housing prices in Calgary

Two storeys: $518,478
Bungalows: $463,693
Condos: $307,864

Edmonton

In April 2016, the CREA indicated the average home price in Edmonton was $377,283.

Average housing prices in Edmonton

Two storeys: $472,388
Bungalows: $361,007
Condos: $239,996

Toronto

According to the CREA, the average price in Toronto in April 2016 was $739,082. The average prices vary between the GTA and Toronto’s core, so specific prices are listed below for your reference.

Average housing prices in the GTA

Two storeys: $724,901
Bungalows: $603,353
Condos: $366,714

Average housing prices in Toronto

Two storeys: $912,131
Bungalows: $670,190
Condos: $402,303

Montreal

In Montreal, the average home price was $337,015 in April 2016 according to the CREA. Prices vary between different areas of Montreal. The prices listed here reflect the averages in the Greater Montreal Area as well as Montreal Centre.

Average housing prices in the Greater Montreal Area

Two storeys: $444,179
Bungalows: $282,266
Condos: $279,893

Average housing prices in Montreal Centre

Two storeys: $550,555
Bungalows: $393,563
Condos: $323,375

 

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