Finding a home within a decent commuting distance used to be the dream before the pandemic. In 2021 and 2022, freed from the necessity to show up to the office every day, homebuyers all across Canada quickly replaced this dream with another one: Finding the best home that money could buy in the ideal location, no matter how far from work. But is this still the case for home seekers in 2023? Canadian homebuyers are…
If 2021 and especially 2022 were the years when work-from-anywhere started capturing homebuyers’ imagination, then the last 12 months prove the trend could be subsiding. Whether they’re looking for vacation…
Aspiring homebuyers who want to trade their monthly rent for a monthly mortgage of the exact same amount (complete with property taxes and homeowners insurance) in big cities on the…
For most Americans, the homebuying journey is daunting in and of itself — without even thinking about the expenses that follow once they check that milestone off their list. And, with the national down payment averaging $85,100, homeownership-related costs risk breaking the bank even before considering recurring mortgage payments, homeowners’ insurance, and property taxes. Still, the cost of that first year as an owner is a beast of its own that cannot be ignored —…
Condo owners looking to upsize face a multitude of roadblocks en route to house ownership. But, going from apartment to house feels particularly bumpy in British Columbia.
Like affordability, the term luxury is often used loosely in today’s housing market. Once used to describe famous estates recognizable by name alone or opulent residences redefining the apartment concept,…
Update: This article has been updated with the most recent available data. The 2022 version of the analysis can be found below the current study. 24 of Canada’s 50 largest…
In 41 of the 100 largest secondary cities in the U.S., renters earn half or less than half of the income they would need to buy a median-priced starter home…
The top 20 largest, highest-priced U.S. cities are prohibitive for most aspiring homebuyers: The median home price in Irvine, CA; San Francisco, CA and San Jose, CA is well above…


