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Canadian Housing Affordability Index 2026

Access the most comprehensive dataset on the 2026 Canadian housing market crisis.

Housing Units
0
Cities Under 4× Multiple
Market Trend
5
Cities Improving
Price Range
Lowest$300k
Average$603k
Highest$1.2M
Affordability
7.0×
National Avg Multiple

Explore Core Metrics

Historical Price Trends

Track how Canadian home prices have evolved over the last 10 years. Compare provincial growth rates and market cycles.

Price-to-Income Ratio

A deep dive into the 'Home Price Multiple'. See where housing costs are most detached from local earnings.

Market Activity Trends

Analyze year-over-year price movements and demand shifts across 35+ major Canadian metro areas.

Rental Market Analysis

Explore the growing disconnect between rents and incomes. Compare the cost of renting vs. owning in each city.

Monthly Mortgage Costs

See the real carrying cost. We calculate estimated monthly payments based on current rates and local taxes.

Income vs. Price Growth

Compare the trajectory of household incomes against real estate appreciation to see the affordability gap.

Comprehensive City Data

A high-level overview of housing metrics for 76 Canadian metros.

Data Updated: July 13, 2026
Metro AreaAvg PriceMultipleTrend
Vancouver$1,154,00012.3×worsening
Victoria$915,20010.6×stable
Kelowna$795,4009.8×stable
Toronto$968,4009.3×improving
Ottawa$678,4006.8×stable
Hamilton$792,3008.5×improving
Kitchener-Waterloo$732,4007.5×stable
London$612,5007.3×improving
Kingston$645,0007.3×stable
Montreal$595,4007.3×stable
Informational Purposes Only: The content provided on BubbleWatch.ca, including all housing market analyses, affordability tools, and pricing forecasts, is for educational and informational purposes only. It does not constitute financial, investment, or real estate advice. Always consult with a qualified professional before making any real estate or financial decisions. Past performance or market trends are not indicative of future results.