Vancouver, Toronto and Hamilton are, according to new research, the least affordable cities in North America. Vancouver was the least affordable city, with Toronto in second place and Hamilton in third. An Oxford Economics report shows Vancouver, Toronto and Hamilton are the least affordable cities in North America. Oxford Economics used new North America Housing Affordability Indices (HAIs) for 25 cities in the continent. With Vancouver and Toronto being the least affordable cities in the sample, the report states the cities are "far out of reach," noting Ontario's affordability has "worsened considerably over the past decade."

Source: CBC News May 20, 2021 20:57 UTC