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The affordability gap — an estimate of the difference between an area’s median household income and how much income is necessary to afford payments on a median-priced home in that area — is ...
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Graphic Truth: Who can afford to buy a house these days?Over the past two decades, home prices in the US and Canada have skyrocketed, and household incomes haven’t kept up. In 2023, the average Canadian home cost $678,282, more than 10 times the ...
Now in its second year, our “Carrie Bradshaw index” ranks 100 of the country’s major urban centres by their affordability for people who want to live alone (just as its namesake does in ...
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