Zolo, Canada’s leading online real estate marketplace, published a study last week, ranking Sherbrooke as the ninth most accessible city for single people looking to purchase a home.
The study compared a sample of the 50 most populated cities in Canada using seven key components. These components included the average home price, population growth rates, total income of one-person households, unemployment rates, the number of one-person households and the single population in each city.
Sherbrooke placed ninth out of the 50 Canadian cities studied and has the highest median total income for one-person households after tax. The unemployment rate in the area is also 2.2 per cent lower than the national average, sitting at 7.2 per cent.
Sherbrooke among Canada’s most affordable cities
By Reann Fournier, Special to The Record
