Tag: condo affordability
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Even $100,000 Earners Are Being Priced Out of Ontario’s Housing Market
Earning a six-figure salary was once considered a clear path to homeownership. Today, even Canadians making $100,000 per year are struggling to afford a home in Ontario’s largest markets. A new analysis from real estate brokerage Zoocasa shows that households earning $100,000 annually can afford the average home in just four of Canada’s 18 major…
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Ontario Condos Are One-Third Smaller Than They Used To Be – But Cost Way More
Ontario condos have gone through a major transformation over the past four decades, and not in a way most buyers would expect. New data shows that condo units across the province have shrunk roughly one-third in size since the 1970s, even as prices have climbed to record levels. The trend, often called “shrink-flation,” has become a defining feature of…
Canada Housing Market 