These Are The Best Canadian Cities For Single Homebuyers, According to Zoocasa - News Summed Up

These Are The Best Canadian Cities For Single Homebuyers, According to Zoocasa


Real estate site Zoocasa has rounded up the most and least affordable housing markets for single homebuyers in Canada, based on median incomes for Canadians aged 25-64 and average home prices. There, a single homebuyer would need an income of $38,798 to buy a home at the average price of $284,424. The actual median income there is $58,823, leaving a surplus of over $20,000. In Toronto, the average home price sits at $748,328, and the median income of $55,221 still falls almost $47,000 short. Zoocasa The chart above shows whether median incomes in each city are enough to buy average-priced homes in different Canadian cities.


Source: Huffington Post February 15, 2019 19:41 UTC



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