11 out of 26 Ontario municipalities analyzed in the report were deemed “completely unattainable”
TORONTO, ONTARIO, APRIL 1, 2025 – Affordability in Ontario has never been worse. A new report by Mike Moffatt at the Missing Middle Initiative, commissioned by the Ontario Home Builders’ Association (OHBA), shows that most major metro areas in Ontario are “completely unattainable” for middle-class households.
The report also shows how badly affordability has deteriorated in the last twenty years across the province, with none of the areas analyzed being deemed “affordable.” Notably, while house prices have more than doubled since 2005, inflation-adjusted wages have only risen 16% in the province. This stark contrast highlights the desperate situation people find themselves in when hoping to buy a home.
The complete report can be found here: Southern Ontario Home Affordability Crisis Remains at Near-Record Levels
