Skip to main content
Why houses seem so expensive

This chart compares average housing price data supplied by the Canadian Real Estate Association with average annualized weekly wages for full-time workers over the past 17 years. The numbers are in current dollars, which means no adjustments for inflation have been made.

SOURCE: Canadian Real Estate Association, Statistics Canada

Story continues below advertisement

Report an error Editorial code of conduct Licensing Options
As of December 20, 2017, we have temporarily removed commenting from our articles. We hope to have this resolved by the end of January 2018. Thank you for your patience. If you are looking to give feedback on our new site, please send it along to If you want to write a letter to the editor, please forward to