11 Cheapest Places in Canada to Buy a Home

5) Fredericton

Fredericton is the capital of New Brunswick and sits along the Saint John River. The average home price is $156,000. The city is an educational center and home to University of New Brunswick, St. Thomas University, and the New Brunswick College of Craft and Design. It is also a research hub with centers focusing on forestry, social science, biomedical engineering, geomatics, information technology and policy development. The presence of the schools and research facilities have helped shield the city economically in the face of the declining mining and fishing industries. Fredericton also offers ethnic cuisine, museums and theaters. Residents primarily speak English, though the French-speaking population is increasing. Crime statistics in one area — sexual assault — stand out for 2016. It ranked third in the country, which likely relates to the high rate of reported assaults in local colleges and universities.