Canadian Bank to Clients: Florida Homes Still a Bargain

Canada-based BMO bank is telling its customers that despite increased prices and an unfavorable exchange rate, US housing and Florida real estate in particular is still a good bargain.

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The median home price in Florida is $169,000, compared to $230,192 USD in major metropolitan areas of Canada.  Sal Guatieri, senior economist, BMO Capital Markets, notes that all regions of Florida, except Miami, were considered highly affordable in 2014 when comparing median prices with median family income.

You can read the entire article here:

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