Buying a home off a single income? Here's which markets will give you the best shot. zoocasa | realestate realestatenews housingmarket realestatemarket
Home prices across Canada have fallen significantly since the spring of 2022, but amid strained inventory and high interest rates, purchasing property is still no easy feat.
Of the 18 areas analyzed, there were only five cities where a single person earning the median income could afford to buy the average home; Edmonton, Winnipeg, St. John’s, Regina, and Saint John. While the east coast and the prairies are hospitable for single-income buyers, Canada’s priciest provinces remain out of reach.
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