RBC Economics

RBC Housing Affordability — least affordable markets (Q1 2025)

Ranked by RBC aggregate Housing Affordability Measure for Q1 2025 (higher % = less affordable).

Coverage: 14 · Original study / source

RankPlaceProvinceScore
1Vancouver areaBritish Columbia92.7
2VictoriaBritish Columbia70.6
3Toronto areaOntario68.3
4Montreal areaQuebec49.5
5OttawaOntario44.3
6HalifaxNova Scotia42.9
7CalgaryAlberta42.3
8Quebec CityQuebec34.1
9EdmontonAlberta33
10Saint JohnNew Brunswick32.2
11SaskatoonSaskatchewan31.8
12WinnipegManitoba31.8
13St. John'sNewfoundland and Labrador28.2
14ReginaSaskatchewan26.1

All RBC Housing Affordability — Least Affordable Markets editions · Cities