Housing Affordability
A quarterly report pinpointing cross-country trends in housing affordability in provincial and major metropolitan housing markets.
2022 Reports
2021 Reports
- December 2021 Housing Affordabililty
- September 2021 Housing Affordabililty
- June 2021 Housing Affordabililty
- March 2021 Housing Affordabililty
2020 Reports
- December 2020 Housing Affordabililty
- September 2020 Housing Affordabililty
- June 2020 Housing Affordabililty
- March 2020 Housing Affordabililty
2019 Reports
- December 2019 Housing Affordabililty
- September 2019 Housing Affordabililty
- June 2019 Housing Affordabililty
- March 2019 Housing Affordabililty
2018 Reports
- December 2018 Housing Affordabililty
- September 2018 Housing Affordabililty
- July 2018 Housing Affordabililty
- April 2018 Housing Affordabililty
2017 Reports
- December 2017 Housing Affordabililty
- September 2017 Housing Affordabililty
- June 2017 Housing Affordabililty
- March 2017 Housing Affordabililty
2016 Reports
Monthly Housing Market Update
An analysis of the latest data and developments in Canada’s housing market.
2022 Reports
- May 2022 Monthly Housing Market Update
- April 2022 Monthly Housing Market Update
- March 2022 Monthly Housing Market Update
- February 2022 Monthly Housing Market Update
- January 2022 Monthly Housing Market Update
- December 2021 Monthly Housing Market Update
- November 2021 Monthly Housing Market Update
- October 2021 Monthly Housing Market Update
- September 2021 Monthly Housing Market Update
- August 2021 Monthly Housing Market Update
- July 2021 Monthly Housing Market Update
- June 2021 Monthly Housing Market Update
- May 2021 Monthly Housing Market Update
- April 2021 Monthly Housing Market Update
- March 2021 Monthly Housing Market Update
- February 2021 Monthly Housing Market Update
- January 2021 Monthly Housing Market Update
- December 2020 Monthly Housing Market Update
- November 2020 Monthly Housing Market Update
- October 2020 Monthly Housing Market Update
- September 2020 Monthly Housing Market Update
- August 2020 Monthly Housing Market Update
- July 2020 Monthly Housing Market Update
- June 2020 Monthly Housing Market Update
- May 2020 Monthly Housing Market Update
- April 2020 Monthly Housing Market Update
- March 2020 Monthly Housing Market Update
- February 2020 Monthly Housing Market Update
- January 2020 Monthly Housing Market Update
- December 2019 Monthly Housing Market Update
- November 2019 Monthly Housing Market Update
- October 2019 Monthly Housing Market Update
- September 2019 Monthly Housing Market Update
- August 2019 Monthly Housing Market Update
- July 2019 Monthly Housing Market Update
- June 2019 Monthly Housing Market Update
- May 2019 Monthly Housing Market Update
- April 2019 Monthly Housing Market Update
- March 2019 Monthly Housing Market Update
- February 2019 Monthly Housing Market Update
- January 2019 Monthly Housing Market Update
- December 2018 Monthly Housing Market Update
- November 2018 Monthly Housing Market Update
- October 2018 Monthly Housing Market Update
- September 2018 Monthly Housing Market Update
- August 2018 Monthly Housing Market Update
- July 2018 Monthly Housing Market Update
- June 2018 Monthly Housing Market Update
- May 2018 Monthly Housing Market Update
- April 2018 Monthly Housing Market Update
- March 2018 Monthly Housing Market Update
- February 2018 Monthly Housing Market Update
- January 2018 Monthly Housing Market Update
- December 2017 Monthly Housing Market Update
- November 2017 Monthly Housing Market Update
- October 2017 Monthly Housing Market Update
- September 2017 Monthly Housing Market Update
- August 2017 Monthly Housing Market Update
- July 2017 Monthly Housing Market Update
- June 2017 Monthly Housing Market Update
- May 2017 Monthly Housing Market Update
- April 2017 Monthly Housing Market Update
- March 2017 Monthly Housing Market Update
- February 2017 Monthly Housing Market Update
- January 2017 Monthly Housing Market Update
Previous Reports
2021 Reports
2020 Reports
2019 Reports
2018 Reports
2017 Reports
Home Resale and Price Forecast
RBC's projections for the housing market in Canada and the provinces.
Reports
Other Housing Reports
Reports
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The Great Moderation? Tightening cycle spurs softer housing demand this spring (May 2022)
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Rising interest rates a game-changer for Canada's housing market (April 2022)
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Budget 2022 is big on housing, but won't immediately relieve affordability crisis (April 2022)
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A split is emerging: local housing trends start to diverge (April 2022)
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A turning point? More sellers enter Canada's housing market in February (March 2022)
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Which is Canada's most expensive market? The answer just changed (February 2022)
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The fever breaks: Canada's housing market will cool but stay strong in 2022 (January 2022)
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The temperature rose in Canada's major markets in November (December 2021)
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Wanted: homes for sale, as inventories fall across Canada in October (November 2021)
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Home builders are tackling Canada's housing supply shortag (September 2021)
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Canada's housing markets: low inventories and fatigue dampen activity in August (September 2021)
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Overheating risk eases as Canadian housing market calms down (August 2021)
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Policy action provides partial fix to Canada’s housing market imbalance (June 2021)
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Broad decline in housing activity didn’t slow price gains in May (June 2021)
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Canadian housing markets glided to a lower orbit in April (May 2021)
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Home prices spiked further across Canada in March despite more sellers (April 2021)
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Hot Canadian housing markets call for a policy response (March 2021)
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Steaming-hot housing market conditions persist despite cold February weather (March 2021)
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Super-strong housing market is far from risk-free (March 2021)
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New year, same tight housing market conditions across Canada (February 2021)
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Canada’s housing market headed for another record year in 2021 (January 2021)
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Spectacular end to a spectacular year for Canada’s housing markets (January 2021)
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Housing markets stayed solid across Canada in November; downtown condos the only soft spot (December 2020)
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Canada’s housing markets strong in October despite surge in downtown condo supply (November 2020)
-
Seven ways COVID-19 is disrupting Canadian housing (October 2020)
-
September another (super) busy month for Canada’s housing market (October 2020)
-
Hot summer housing market stretched into August, though not everywhere (September 2020)
-
Spring Housing Market Blooms in July (August 2020)
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Home buyers and sellers play catch-up in June (July 2020)
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Home buyers and sellers returned to the market in May (June 2020)
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Super quiet April in housing market could be the cyclical low point (May 2020)
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May 1, 2020: day of rent reckoning in Canada? (May 2020)
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COVID-19 hit to housing market is just the beginning of a tough period (April 2020)
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Housing downturn risks fade but for how long? (February 2020)
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Easing the stress test, for now... (February 2020)
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Are Toronto home prices sky-bound again? (February 2020)
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Toronto housing market became more expensive, Vancouver more active in December (January 2020)
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Vancouver housing market heating up in October; supply was an issue in Toronto (November 2019)
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Housing market’s risk profile continues to improve (November 2019)
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Big city rental blues: a look at Canada’s rental housing deficit (September 2019)
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Toronto and Vancouver set a stronger tone in August (September 2019)
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Housing market risks ease in Canada (July 2019)
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On the right track: local housing markets give further signs of stabilizing in May (June 2019)
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Contrasting housing trends emerge in Toronto and Vancouver in April (May 2019)
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Trimmed outlook for interest rates limits overall housing market risks in Canada (April 2019)
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There's no millennial hollowing-out of Canada's largest cities (April 2019)
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Housing market remains soft in March in Vancouver and Toronto (April 2019)
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Should millennials cheer Budget 2019's housing measures? (March 2019)
- February further chills Toronto and Vancouver housing markets (March 2019)
- No magic bullet: The solution to millennials' housing plight is better supply (February 2019)
- Toronto and Vancouver buyers stay in hibernation in January; prices drift down (February 2019)
- Canadian Housing Health Check (January 2019)
- Modest price gains in Toronto and Vancouver in August a sign of things to come (September 2018)
- Canadian Housing Health Check (August 2018)
- Toronto’s housing market comes back to life in June, not so in Vancouver (July 2018)
- Toronto and Vancouver housing market activity still soft in May (June 2018)
- Drop in supply restrained sales in the GTA market in April; Vancouver market stabilizes (May 2018)
2020 Reports
2019 Reports
2018 Reports
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