Login

Cost of housing out of reach for many young Canadians

Purchasing home in Vancouver, Toronto, Montreal requires decades of savings, study suggests
One Bloor West is a luxury condominium project underway in downtown Toronto. (CoStar)
One Bloor West is a luxury condominium project underway in downtown Toronto. (CoStar)
CoStar News
October 21, 2025 | 4:09 P.M.

Canadians aspiring to buy a first home could be forced to wait until they reach middle-age, especially in Vancouver, where the average buyer must save for over two decades to afford a down payment, according to a new report comparing homeownership access across major international cities.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

News | Cost of housing out of reach for many young Canadians