RBC Economics

RBC Housing Affordability — least affordable markets (Q2 2025)

Ranked by RBC aggregate Housing Affordability Measure for Q2 2025 from city narratives (St. John's not published in this edition text).

Coverage: 13 · Original study / source

RankPlaceProvinceScore
1Vancouver areaBritish Columbia89.2
2VictoriaBritish Columbia69
3Toronto areaOntario66.4
4Montreal areaQuebec48.4
5OttawaOntario43.9
6HalifaxNova Scotia42.3
7CalgaryAlberta40.9
8Quebec CityQuebec34
9EdmontonAlberta32.2
10Saint JohnNew Brunswick32
11WinnipegManitoba31.8
12SaskatoonSaskatchewan31.4
13ReginaSaskatchewan26.6

All RBC Housing Affordability — Least Affordable Markets editions · Cities