Login

The Long-Term Housing Affordability Fix No One's Discussing

Policies To Drive Household Income Growth Could Also Help Close Gap With Home Prices

Colorful traditional houses in downtown Vancouver, British Columbia, Canada (Getty Images)
Colorful traditional houses in downtown Vancouver, British Columbia, Canada (Getty Images)

Canada is experiencing a severe housing affordability crisis. According to the Bank of Canada’s housing affordability index, which measures the percentage of household income required to own a home under typical financing requirements, affordability is at its worst point in decades and well above the long-term median.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In