St. John’s metro region ranks 1st in housing affordability

St. John’s metro region ranks 1st in housing affordability

One of the many advantages to living, working, studying and investing here, St. John’s is the most affordable Canadian city in which to buy a home in 2021 – and the only city in Atlantic Canada to make the list.

We’re fortunate to have such a favourable home price to household income ratio. In fact, the average homeowner in St. John’s allocates just 12% of their income to paying the mortgage. That’s the lowest percentage in Canada.

Main photo courtesy of Government of Newfoundland and Labrador