10 January 2019

In case you researched the market, a high-interest savings account could bring you 1.1% of interest return. Investing into XBB.TO from iShares would lead to a moderate 1.5% profit. Meanwhile, choosing XIC would make you lose 11.6%.

A property in the Greater Toronto Area was the best option with its average cost growing by 2.1% to $750,180.

However, purchasing real estate in Vancouver couldn’t bring you profit last year, as the average price was down by 1.7% and reached $1,032,400.

Calgary showed almost no changes with the prices falling by 0.9% to $449,361.

Although such numbers show only a small snapshot, in 2018 a home purchase in the GTA, Vancouver, or Calgary would bring you larger profit than Canadian stocks.

 

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