After a viral post on X about renting vs owning a home I analyze the data and monthly payment to show how unaffordable home ownership in Canada has become. We're now 2nd worst in the world for housing affordability. This weeks data includes new bank sale data and vacant home data from the Toronto Real Estate Boards and 20 other boards in Ontario.
Links/references:
creastats.crea.ca/en-CA/
rentals.ca/national-rent-report
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31 май 2024