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move to Winnipeg or Edmonton I guess.
But at least it is possible in most region.
Is it just me, or did they never get around to answering the question?
In my area, the required combined income for a first time home was $120,000 back in 2017; I can only imagine it’s gone way up since then, considering property values have doubled.
Since 2004, lower-end new home prices have risen by 265%, while young dual-earner incomes grew 76%
Yeah, but dual earners each earning $115k means they’re earning $230 combined which is well over the threshold for a first home purchase, even in Vancouver. Or did they mean combined salary?
Home income. As mentioned in the article.
Which is $40k higher than the Canadian median home income of $75,000 in 2024.
