Download - TORONTO 47 55 .6 31 - RBC Royal Bank€¦ · of a bungalow, condo or two story dwelling in some of Canada's biggest cities. ® TORONTO CALGARY VANCOUVER MONTREAL ATLANTIC average

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Page 1: TORONTO 47 55 .6 31 - RBC Royal Bank€¦ · of a bungalow, condo or two story dwelling in some of Canada's biggest cities. ® TORONTO CALGARY VANCOUVER MONTREAL ATLANTIC average

2-storey condobungalow

55average since 1985:

48.6%

.6%47.5%

$486,900average price (Q1, 2011)

$566,700average price (Q1, 2011)

$315,900average price (Q1, 2011)

35.9%

$413,400average price (Q1, 2011)

$410,900average price (Q1, 2011)

$250,200average price (Q1, 2011)

72.1%

$736,000average price (Q1, 2011)

$821,900average price (Q1, 2011)

$404,600average price (Q1, 2011)

80.4%

up 4% Y/Y up 1.8% Y/Y up 3.1% Y/Y

down 1.4% Y/Y down 4.9% Y/Y down 5.1% Y/Y

up 6.3% Y/Y up 7.7% Y/Y up 7.2% Y/Y

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43.1%

$290,700average price (Q1, 2011)

$365,800average price (Q1, 2011)

$231,800average price (Q1, 2011)

53.7%

up 12.3% Y/Y up 12.7% Y/Y up 8% Y/Y

32.2%

$206,900average price (Q1, 2011)

$230,900average price (Q1, 2011)

$173,500average price (Q1, 2011)

37.1%

up 6.2% Y/Y up 4.7% Y/Y up 6.9% Y/Y

The RBC Housing A�ordability Measures show the proportion of median pre-tax

household income required to service the cost of mortgage payments (principal and

interest), property taxes and utilities. For example, an a�ordability measure of 50%

means that home ownership costs, including mortgage payments, utilities and property

taxes take up 50% of a typical household’s pre-tax income.

*

RBC's A�ordability Index* shows you what percentage of your household income you need to put towards home ownership based on the average cost of a bungalow, condo or two story dwelling in some of Canada's biggest cities.

®

TORONTO

CALGARY

VANCOUVER

MONTREAL

ATLANTIC

average since 1985: 40.3%

average since 1985: 57.3%

average since 1985: 37.1%

average since 1985: 32%

.4%31

.2%22

.1%40

.1%34

.3%26

average since 1985: 54%

average since 1985: 40.9%

36.8%

average since 1985: 62.6%

average since 1985: 42.1%

average since 1985: 38.5%

average since 1985: 31.4%

average since 1985: 23.4%

average since 1985: 31.8%

average since 1985: 29.4%

average since 1985: 24.7%