Tag: income spent on housing

• 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…

  Kaleylangille

  April 27, 2025

  ontario, Uncategorized

  finance, homeownership costs Toronto, housing, housing affordability ontario, housing costs Toronto, housing market, income spent on housing, mortgage payments Toronto, real estate, realtor, Toronto housing affordability, Toronto housing market 2025, Toronto housing statistics, Toronto real estate crisis