Canada’s least affordable city is…

Tuesday, November 4th, 2014

Jamie Henry

A new quarterly report from Desjardins says that Vancouver is Canada’s least affordable market currently, due to house prices relative to income. Overall the ability of Canadians to afford property has dipped slightly the poll reveals, but there are a number of different stories. In Quebec for example, prices have stagnated but income has grown, making it more affordable than previously. Ontario has some affordable areas but Toronto isn’t one of them and of course in Alberta there are some areas that are far more affordable than Calgary.

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