Financial Digest

Here's the income bracket you need to be in to afford a home in Toronto right now

  • 📰 blogTO
  • ⏱ Reading Time:
  • 12 sec. here
  • 14 min. at publisher
  • 📊 Quality Score:
  • News: 50%
  • Publisher: 63%

Toronto News

Real,Estate,Home

The baseline salary necessary to finance the standard home in Toronto has shot up yet again, with the market's ever-rising prices putting increasin...

The baseline salary necessary to finance the standard home in Toronto has shot up yet again, with the market's ever-rising prices putting increasingly more pressure on households who are perhaps naively hoping to own a place of their own someday.

, show that the annual income required to secure and carry a mortgage at current rates has climbed another $3,400 in just one month thanks to fluctuating prices, hitting $217,500 as of March 2024 , Edmonton , Winnipeg , St.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 44. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Toronto airports authority announces 'decade-long investment' in Pearson AirportToronto’s airports authority has announced a multibillion-dollar plan to update and modernize Toronto Pearson Airport. The Greater Toronto Airports Authority...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »