In 1980, the average Canadian home cost about 2.8 years of household income. Today, it costs nearly 8 years of average income. Home prices have risen +900% since 1980. Median household income has risen just +258%. In real terms, household Full details …
Home sales are picking up this spring, but prices are still adjusting.• 5,946 homes sold in April (+7% YoY, +6.1% vs March)• Average price: $1,051,969 (-4.9% YoY)• Benchmark price (typical home): -6.6% YoY Supply shifting:• 17,097 new listings (-9.3% YoY)• Full details …