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It Now Takes 32 Years for an Average Person to Buy a Home in Toronto

Saturday Sep 28th, 2019

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toronto homes getting expensive

Most of us already know that saving for a down payment on a Toronto house is out of reach, but the amount of time it would actually take to do so may shock you.  According to a new Zoocasa report, it would take a median-income household 32 years to save for a down payment on an average Toronto home.  That's right, 32 years — better start saving! The report, titled "Where Could a Median-Income Household Afford Real... [read more]

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