Tag: housing affordability ontario
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How People in Their 20s Are Actually Buying Homes Right Now
How 20-somethings in Ontario are actually buying homes in 2025: co-signers, multigenerational living, moving outside the GTA, duplex investing, and buying with friends. Backed by the latest stats.
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As Canada’s Housing Market Sees Gradual Recovery, Ontario Home Prices Will Remain Under Pressure: RBC Report
Canada’s housing market is showing signs of a gradual recovery in the second half of 2025, but Ontario home prices are expected to remain under pressure until at least early 2026, according to a new RBC Economics report. The report highlights a significant shift in supply-demand conditions in Ontario, with more homes for sale than at any point since June 2010. This…
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Home Prices Projected to Rise 63% by 2035: Why Canada Must Build 32,000 More Homes a Year
A 63% price jump in just over a decade? That’s the reality we’re staring down- unless we act fast. According to recent projections, Canadian home prices are on track to increase by 63% between 2024 and 2035, which breaks down to an average annual growth rate of 5%. To put that in perspective, that’s more…
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The Average Toronto Household Now Spend 71% of Their Income on Housing – Up from 50% a Decade Ago
Toronto’s housing market has reached a critical point, with the average household now allocating approximately 71% of its pre-tax income to cover housing costs, including mortgage payments, property taxes, and utilities. This marks a significant increase from a decade ago, when households spent around 50% of their income on housing . The Escalating Cost of…
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New Data Shows Ontario’s First-Time Homebuyers Are Now 40 Years Old
If you’re thinking it’s taking longer to break into the Ontario housing market, you’re not alone- and the stats back it up. The median age of first-time homebuyers in Ontario has jumped from 36 to 40 over the past decade, according to a recent Teranet report, a clear sign of how affordability struggles are reshaping…
Canada Housing Market 