With 45 cities to choose from in a recent zoocasa survey, Canadians chose not one but three BC locations as the top places to buy real estate in the country. realestate realestatenews BC
determines where the most affordable municipalities can be found, but, notably, it doesn’t take local residents’ opinions into account.
In a divergence from the data-driven ranking, Canadians chose three British Columbian cities as the best places to buy real estate in 2023. Vancouver Island took the top spot, followed by Victoria and Greater Vancouver. The cities’ MoneySense rankings were 14th, 33rd, and 44th, respectively. Vancouver Island’s 2022 benchmark home price was $728,417, significantly below what’s found in larger municipalities like Ontario’s Oakville-Milton and the Greater Toronto Area .
Calgary rounded out the top five, moving up nicely from its data-driven ranking spot of 29th. The city’s 2022 benchmark price of $516,625 — which is more than $276K below the national average — no doubt elevated it in the eyes of voters.
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