The Most Affordable Cities to Live in Canada (2024)

📲 𝐁𝐨𝐨𝐤 𝐀 𝐂𝐚𝐥𝐥: [ Ссылка ]

► 𝐁𝐮𝐲𝐞𝐫𝐬 𝐆𝐮𝐢𝐝𝐞: [ Ссылка ]

► 𝐒𝐞𝐥𝐥𝐞𝐫𝐬 𝐆𝐮𝐢𝐝𝐞: [ Ссылка ]

► 𝐈𝐦𝐩𝐫𝐨𝐯𝐞 𝐘𝐨𝐮𝐫 𝐂𝐫𝐞𝐝𝐢𝐭 𝐒𝐜𝐨𝐫𝐞: [ Ссылка ]

► 𝐌𝐨𝐫𝐭𝐠𝐚𝐠𝐞 𝐂𝐚𝐥𝐜𝐮𝐥𝐚𝐭𝐨𝐫: [ Ссылка ]

► 𝐆𝐞𝐭 𝐏𝐫𝐞-𝐀𝐩𝐩𝐫𝐨𝐯𝐞𝐝: [ Ссылка ]

Rising inflation and reduced buying power, coupled with soaring home prices and lending rates, have led many Canadians to question whether owning a home is a feasible goal for them.

The term "affordability crisis" has been gaining traction as a significant issue for numerous people in recent times, and rightly so. To understand the implications, it's useful to analyze the specific figures involved. RATESDOTCA has done just that by assessing the median after-tax household income and the corresponding mortgage amount a family could be eligible for, and then comparing these values to the average home prices in various cities.

For example, a Canadian household earning the median income of $79,876 could afford a house priced at $315,000, with a mortgage limit of $299,500. However, the national average home price stands at $757,600. This discrepancy indicates that the average home is 141% more expensive than what such a household could afford, highlighting a significant gap in purchasing power.

When looking at major urban centers, the gap widens further. In cities like Vancouver and Toronto, the cost of homeownership is nearly 250% and 210% higher, respectively, than what a typical family on a median income could afford, emphasizing the challenge of achieving homeownership in these areas.

Article: [ Ссылка ]
____⁣
📷 𝐈𝐧𝐬𝐭𝐚𝐠𝐫𝐚𝐦: [ Ссылка ]
⚫️ 𝐓𝐢𝐤𝐓𝐨𝐤: [ Ссылка ]
🔵 𝐅𝐚𝐜𝐞𝐛𝐨𝐨𝐤: [ Ссылка ]
🔴 𝐘𝐨𝐮𝐓𝐮𝐛𝐞: [ Ссылка ]
🌐 𝗪𝐞𝐛𝐬𝐢𝐭𝐞: [ Ссылка ]
► 𝐄𝐦𝐚𝐢𝐥: alex@realestatehelp.com
📞 𝐏𝐡𝐨𝐧𝐞: 604-314-5418⁣
⁣
Get Your FREE Lendlord Account
[ Ссылка ]

𝐉𝐨𝐢𝐧 𝐎𝐮𝐫 𝐅𝐚𝐜𝐞𝐛𝐨𝐨𝐤 𝐆𝐫𝐨𝐮𝐩 𝐟𝐨𝐫 𝐅𝐢𝐫𝐬𝐭-𝐓𝐢𝐦𝐞 𝐇𝐨𝐦𝐞 𝐁𝐮𝐲𝐞𝐫𝐬⁣
🚀 [ Ссылка ]
⁣
🔔 𝐅𝐑𝐄𝐄 𝐑𝐄𝐒𝐎𝐔𝐑𝐂𝐄𝐒⁣
► 𝐁𝐮𝐲𝐞𝐫𝐬 𝐆𝐮𝐢𝐝𝐞: [ Ссылка ]
► 𝐒𝐞𝐥𝐥𝐞𝐫𝐬 𝐆𝐮𝐢𝐝𝐞: [ Ссылка ]
► 𝐈𝐦𝐩𝐫𝐨𝐯𝐞 𝐘𝐨𝐮𝐫 𝐂𝐫𝐞𝐝𝐢𝐭 𝐒𝐜𝐨𝐫𝐞: [ Ссылка ]
► 𝐌𝐨𝐫𝐭𝐠𝐚𝐠𝐞 𝐂𝐚𝐥𝐜𝐮𝐥𝐚𝐭𝐨𝐫: [ Ссылка ]
► 𝐆𝐞𝐭 𝐏𝐫𝐞-𝐀𝐩𝐩𝐫𝐨𝐯𝐞𝐝: [ Ссылка ]
⁣
Surrey REALTOR
Langley REALTOR
Alex Dunbar

#canadianrealestate #canadahomeprices ⁣#langleyrealtor

свернуть