KEY FINDINGS:
– 56 percent say that moving to a different neighbourhood/community would be one of the top three sacrifices they would make.
– Based on average residential selling price, Brandon, MB ranked as the most affordable market in 2022. This is followed by Regina, SK (which remained on the list year-over-year), St. John’s, NL, Moncton, NB, and Red Deer, AB.
– Based on the share of income spent on mortgage payments, Red Deer, AB ranked as Canada’s most affordable housing market, with 25.86% of average monthly income spent on the average-priced home.
