What does $400,000 buy you in Canada? From CBC.ca

Wanted to share with you this info graphic from CBC that looks at what $400,000 will buy you in major Canadian cities across the country ....

While lending rules have changed, and many families are having to lower their initial buying expectations in light of tighter qualification standards making smaller mortgage amounts available to them; Edmonton remains a very affordable place for home buyers moving from elsewhere.

What adds to the Edmonton advantage vis a vis some other maybe more affordable places?  Jobs!  In March the unemployment rate fell to 4.8% compared to the national average of 6.9% - Toronto for instance is at 8%, Calgary at 5%, Vancouver at 5.8% and Halifax at 6.8%.

Just a little food for thought!