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3 STATS that partially explain the ↑ REAL ESTATE BOOM that we currently see in ➤ MONTREAL...

Friday, August 24th, 2018 at 8:33am Engel & Völkers Montréal

Annual Income vs. Home Prices
 
Median Family Income

Benchmark or median home price April 2018
Home Price compared to income
 
1- TORONTO
Revenu familial médian (Median Family Income) 92,988$
Prix des maisons médian Avril 2018 (Benchmark or median home price April 2018) 766,000$
Prix des Maisons par rapport au revenu (Home Price compared to income) 8X
 
2- VANCOUVER
Median Family Income 92,234$
Benchmark or median home price April 2018 1,092,000$
Home Price compared to income 12X
 
3- MONTRÉAL
Median Family Income 90,584$
Benchmark or median home price April 2018 341,300$
Home Price compared to income 4X

 

 
 

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