Affordability of condominiums Canada Q2 2021, by market

Affordability of condominiums in Canada 2nd quarter 2021, by market

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Release date

October 2021

Region

Canada

Survey time period

Q2 2021

Supplementary notes

*The affordability measures are based on a 25% down payment, a 25-year mortgage loan at a five-year fixed rate, and are estimated on a quarterly basis for 14 major urban markets in Canada and a national composite. The measures use household income rather than family income to account for the growing number of unattached individuals in the housing market.

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