Quote:
Originally Posted by someone123
I was curious if I could trade my boring condo for a Westmount townhouse but not quite.
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IIRC, condos didn't gain anywhere near as much value as detached houses did, right? Had you owned a shitty cookie-cutter bungalow anywhere in Van, you could still trade it for something gorgeous in Montreal, guaranteed.
Montreal values went up sharply lately, as well. The best time to swap Van real estate for Mtl real estate was likely a few years ago. Van has kinda plateaued for the last couple years, I believe. So, unfortunately for you, you wouldn't get as much Westmount bang for your traded-in Vancouver Real Estate buck now as you would have not too long ago.
(On a related note, I believe the Halifax-Vancouver ratio has followed the Montreal-Vancouver ratio, the best time for that sort of swap was earlier, not now.)