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BNN Bloomberg - Canada Business News, TSX Today, Oil and Energy Prices
Get the latest Canadian business news, including TSX updates, changes to oil and energy prices, and Bank of Canada coverage. Explore stock market investing and get expert financial insights on investment portfolio strategies.
In Ontario, the gap between the median income and benchmark price was about $637,000. Ontario homes were priced at about $920,000 on average, while median-income buyers could only afford homes priced up to $283,180.
In B.C., median-income earners could only afford homes priced up to $277,466, about $722,000 lower than the benchmark price of $998,900.