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2-storey condobungalow
55average since 1985:
48.6%
.6%47.5%
$486,900average price (Q1, 2011)
$566,700average price (Q1, 2011)
$315,900average price (Q1, 2011)
35.9%
$413,400average price (Q1, 2011)
$410,900average price (Q1, 2011)
$250,200average price (Q1, 2011)
72.1%
$736,000average price (Q1, 2011)
$821,900average price (Q1, 2011)
$404,600average price (Q1, 2011)
80.4%
up 4% Y/Y up 1.8% Y/Y up 3.1% Y/Y
down 1.4% Y/Y down 4.9% Y/Y down 5.1% Y/Y
up 6.3% Y/Y up 7.7% Y/Y up 7.2% Y/Y
Can you a�ord to buy a new home?
Get great tips and advice,and hear from other �rst time homebuyers.
Find us on http://www.facebook.com/rbcroyalbank
43.1%
$290,700average price (Q1, 2011)
$365,800average price (Q1, 2011)
$231,800average price (Q1, 2011)
53.7%
up 12.3% Y/Y up 12.7% Y/Y up 8% Y/Y
32.2%
$206,900average price (Q1, 2011)
$230,900average price (Q1, 2011)
$173,500average price (Q1, 2011)
37.1%
up 6.2% Y/Y up 4.7% Y/Y up 6.9% Y/Y
The RBC Housing A�ordability Measures show the proportion of median pre-tax
household income required to service the cost of mortgage payments (principal and
interest), property taxes and utilities. For example, an a�ordability measure of 50%
means that home ownership costs, including mortgage payments, utilities and property
taxes take up 50% of a typical household’s pre-tax income.
*
RBC's A�ordability Index* shows you what percentage of your household income you need to put towards home ownership based on the average cost of a bungalow, condo or two story dwelling in some of Canada's biggest cities.
®
TORONTO
CALGARY
VANCOUVER
MONTREAL
ATLANTIC
average since 1985: 40.3%
average since 1985: 57.3%
average since 1985: 37.1%
average since 1985: 32%
.4%31
.2%22
.1%40
.1%34
.3%26
average since 1985: 54%
average since 1985: 40.9%
36.8%
average since 1985: 62.6%
average since 1985: 42.1%
average since 1985: 38.5%
average since 1985: 31.4%
average since 1985: 23.4%
average since 1985: 31.8%
average since 1985: 29.4%
average since 1985: 24.7%
