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9. St. John's, NL
|LAND SIZE||50 x 115 x 40 x 113 ft|
|LOCATION||15 Carondale Dr.||PRICE||$334,900|
St. John’s tied with first-place Moncton for the highest score in momentum this year. Its biggest resource is the ocean, which now provides Newfoundland with an offshore oil industry attracting scores of newcomers in search of work. Last year, the economy in St. John’s grew by 5.8% and the area saw the emergence of a new metal mining sector, with construction already underway on a nickel processing plant near Long Harbour, about an hour west of the city.
Although house prices have gone up by almost 36% over the past four years, the average house still goes for just $255,000.