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/

Subscribe below to join our community and get the latest data and insights on Canadian real estate.

©2020 The Habistat. All rights reserved.

We are two millennials working overtime to bring clarity to the Canadian real estate market and advocate for stable housing markets that work for the average person. If you would like to support our mission, please consider donating below.