In 2023, the median net worth* of Canadian families Note 1 was $519,700. *Net Worth is the amount that families would have left over if they sold all their assets and paid off all their debts
How do you compare? →Canada’s housing market buzzed with activity in October 2024 during a month with significant home sales and price changes across the country. In October 2024, the national benchmark home price, which measures the price of a “typical” home, was $707,700, a 0.8% monthly decrease and down 3.2% year-over-year. However, it has jumped 77% over the past decade.
Canadian Housing Market Report →This graphic ranks the Canadian provinces by their cost of living, represented by an index made up of 55 contributing factors.
British Columbia (BC) and Ontario are Canada’s most expensive places to live by a significant margin →According to the CREA, the national average home price reached $698,530 in March 2024, a 2 per cent increase year over year.
The Cost of Canadian Home Ownership in 2024 →← Curating the web to find the most interesting and helpful information about your money.