Tag: home prices vs wages

• Canadian Home Prices Have Risen Nearly 7x Faster Than Wages Since 1981

  

  A new report confirms what many Canadians have felt for years: real estate prices have far outpaced wages, making homeownership increasingly out of reach for younger generations. According to Statistics Canada and data compiled by Better Dwelling, real home prices in Canada increased by over 163% from 1981 to 2024, while median real wages for…

  Kaleylangille

  June 17, 2025

  alberta, british columbia, East Coast, ontario, Uncategorized

  better dwelling housing report, Canadian housing crisis, Canadian real estate, economy, finance, home prices vs wages, homeownership gap, housing, housing affordability Canada, housing inequality canada, inflation, inflation adjusted wages canada, intergenerational wealth canada, millennial homebuyers, real estate, real estate bubble, Toronto housing market, vancouver housing crisis, wage stagnation canada