Home price to individual income ratio - animated

Sources: The Habistat, Statistics Canada, CREA

This visualization compares median and average total/after-tax income to the Home Price Index (HPI) benchmark prices for each type of home (not seasonally adjusted). Income was estimated for 2019 and 2020 as Statistics Canada has not yet released this. Per CREA, the HPI is the most advanced and accurate tool to gauge a neighbourhood's home price levels and trends. For further information, visit the following link: https://www.crea.ca/housing-market-stats/mls-home-price-index/

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