Toronto, Vancouver Named Impossibly Unaffordable

While Vancouver can be beautiful, it has also been deemed the most unaffordable city in Canada by a Demographia International Housing Affordability report and the third-least affordable city of the 94 markets analyzed in the report


Frontier Centre for Public Policy

Two Canadian cities — Toronto and Vancouver — have earned the title of “impossibly unaffordable” in a new report.

“There has been a considerable loss of housing affordability in Canada since the mid-2000s, especially in the Vancouver and Toronto markets,” according to the Demographia International Housing Affordability report, which is released annually.

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