Tag: canada housing market salary

• Here’s the Minimum Salary Needed to Afford a Home in Toronto Right Now

  

  Despite record listings and slowing sales, housing affordability in Toronto continues to worsen, according to a new report by Ratehub.ca. Based on May 2025 average home prices and current mortgage rates, a household would need to earn $206,500 annually to afford a typical home in the city. Toronto Home Prices Still Among the Highest in…

  Kaleylangille

  July 8, 2025

  ontario, Uncategorized

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