The affordability of condominiums in Canada in the second quarter of 2021, by market, was calculated as a share of mortgage payment in average household income. The mortgage payments in Vancouver constituted 36 percent of the average household income in 2021 making it the most expensive area in Canada to own a condominium.
Affordability of condominiums in Canada 2nd quarter 2021, by market
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Royal Bank of Canada. (October 6, 2021). Affordability of condominiums in Canada 2nd quarter 2021, by market [Graph]. In Statista. Retrieved June 29, 2022, from https://www.statista.com/statistics/720853/affordability-of-condos-by-market-canada/
Royal Bank of Canada. "Affordability of condominiums in Canada 2nd quarter 2021, by market." Chart. October 6, 2021. Statista. Accessed June 29, 2022. https://www.statista.com/statistics/720853/affordability-of-condos-by-market-canada/
Royal Bank of Canada. (2021). Affordability of condominiums in Canada 2nd quarter 2021, by market. Statista. Statista Inc.. Accessed: June 29, 2022. https://www.statista.com/statistics/720853/affordability-of-condos-by-market-canada/
Royal Bank of Canada. "Affordability of Condominiums in Canada 2nd Quarter 2021, by Market." Statista, Statista Inc., 6 Oct 2021, https://www.statista.com/statistics/720853/affordability-of-condos-by-market-canada/
Royal Bank of Canada, Affordability of condominiums in Canada 2nd quarter 2021, by market Statista, https://www.statista.com/statistics/720853/affordability-of-condos-by-market-canada/ (last visited June 29, 2022)