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Location matters: Adding up the full costs of home options

Toronto, January 21, 2015 - Homebuyers may find that their options look very different once transportation costs are factored in, according to a new report from RBC and the Pembina Institute.

Location Matters: Factoring location costs into homebuying decisions examines the full costs of home location options based on case studies involving actual homebuyers. The report shows that seemingly less expensive homes located farther from the workplace can actually cost more when transportation and commuting expenses are factored into the equation.

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