Housing Affordability in Canada 2020

There has long been concern about deteriorating housing affordability in Canada. The OECD has expressed concerns about the decline of the middle-class in Canada and the substantial role of house […]
Published on June 21, 2020

There has long been concern about deteriorating housing affordability in Canada. The OECD has expressed concerns about the decline of the middle-class in Canada and the substantial role of house price increases. Two of the 10 least affordable major markets are in Canada.

 

 

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Toronto, Vancouver Named ‘Impossibly Unaffordable’

Toronto, Vancouver Named ‘Impossibly Unaffordable’

While Vancouver can be beautiful, it has also been deemed the most unaffordable city in Canada by a Demographia International Housing Affordability report and the third-least affordable city of the 94 markets analyzed in the report.