Sherbrooke among Canada’s most affordable cities

By Reann Fournier, Special to The Record
Sherbrooke among Canada’s most affordable cities

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.

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