Canada - Housing Affordability
Since 2014, Canada Housing Affordability fell by 0.1points year on year. At 77.3 Percent of Household Income Minus Housing Cost in 2019, the country was ranked number 27 among other countries in Housing Affordability. Canada is overtaken by Poland, which was ranked number 26 at 77.9 Percent of Household Income Minus Housing Cost and is followed by Slovakia with 77.2 Percent of Household Income Minus Housing Cost. South Korea topped the ranking with 85.1 Percent of Household Income Minus Housing Cost in 2019, a growth of 0.2points versus 2018. Estonia, Hungary and Russia respectively ranked number 2, 3 and 4 in this ranking. Latvia witnessed the best average annual growth at +0.4points per year, while Finland recorded the worst performance at -0.4points per year.
Loading...
| Date | Percent of Household Income Minus Housing Cost |
|---|---|
| 2019 | 77.30 |
| 2018 | 77.30 |
| 2017 | 77.40 |
| 2016 | 77.20 |
| 2015 | 77.70 |
How does Canada rank in Housing Affordability?
| # | 35 Countries | Percent of Household Income Minus Housing Cost | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
South Korea
|
85.10 % | 2019 | +0.2 % | +0.2 % | View data | |
| 2 |
#2
Estonia
|
83.60 % | 2019 | +0.2 % | +0.3 % | View data | |
| 26 |
#26
Poland
|
77.90 % | 2019 | +0.0 % | +0.1 % | View data | |
| 27 |
#27
Canada
|
77.30 % | 2019 | +0.0 % | -0.1 % | View data | |
| 28 |
#28
Slovakia
|
77.20 % | 2019 | +0.3 % | +0.4 % | View data | |