Affordability of condominiums Canada 2017, by market

Affordability of condominiums in Canada 2017, by market

The data displays the affordability of condominiums in Canada in 2017, by market. The affordability was calculated as a share of mortgage payment in average household income. The mortgage payments in Vancouver constituted 48.9% of average household income in 2017.

Vancouver 48.9
Toronto area 43.1
Canada average 41.1
Victoria 38.8
Montreal area 34.6
Halifax 31.5
Ottawa 26.4
Calgary 26.4
Quebec City 25.9
Winnipeg 22.8
St. John's 22.6
Regina 21.7
Saskatoon 20.9
Edmonton 18