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