Housing Affordability in Canada: 2021 RE/MAX Report

Mississauga, ON and Kelowna, BC (July 20, 2021) — In a new report exploring housing affordability in Canada in 2021, RE/MAX found that one in three (33%) Canadian homebuyers is exploring alternative options to help them get a foot into the housing market. These include renting out a portion of a primary residence (21%), pooling finances with friends or family to purchase a home (13%) and living with like-minded neighbours in a co-op/shared living arrangement (7%).

According to a Leger survey commissioned by RE/MAX, 42% of Canadians said the high price of real estate was a barrier to entry into the market. This is up just 4% over last year – surprising, given the consistent price growth experienced by housing markets from coast to coast over the past year. Among prospective homebuyers, millennials and Gen Z are most likely to consider alternative regions and communities, and/or financing options to keep affordability in play.

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Additional Info

Field Value
Last Updated August 18, 2024, 18:59 (UTC)
Created October 30, 2023, 23:59 (UTC)
Domain / Topic
Domain or topic of the dataset being cataloged.
Housing
Format (CSV, XLS, TXT, PDF, etc)
File format of the dataset.
.pdf - application/pdf
Dataset Size
Dataset size in megabytes.
Metadata Identifier
Metadata identifier – can be used as the unique identifier for catalogue entry
Published Date
Published date of the dataset.
2021-07-20
Time Period Data Span (start date)
Start date of the data in the dataset.
2021-01-01
Time Period Data Span (end date)
End date of time data in the dataset.
2021-06-30
GeoSpatial Area Data Span
A spatial region or named place the dataset covers.
Western and Eastern Canada
Field Value
Access category
Type of access granted for the dataset (open, closed, service, etc).
Open
Limits on use
Limits on use of data.
Location
Location of the dataset.
http://download.remax.ca/PR/2021HousingAffordabilityReportDataTable.pdf?_gl=1*18txifm*_ga*MTgyMzExNjMzMi4xNjk3OTg4MTMz*_ga_1K2F9Z3PBF*MTY5ODcwOTc5NS4zLjEuMTY5ODcwOTgwOC40Ny4wLjA.
Data Service
Data service for accessing a dataset.
Owner
Owner of the dataset.
Remax
Contact Point
Who to contact regarding access?
Lydia McNutt
Publisher
Publisher of the dataset.
Remax
Publisher Email
Email of the publisher.
lmcnutt@remax.ca
Author
Author of the dataset.
Lydia McNutt
Author Email
Email of the author.
lmcnutt@remax.ca
Accessed At
Date the data and metadata was accessed.
2023-10-29
Field Value
Identifier
Unique identifier for the dataset.
Language
Language(s) of the dataset
English
Link to dataset description
A URL to an external document describing the dataset.
https://blog.remax.ca/housing-affordability-in-canada/
Persistent Identifier
Data is identified by a persistent identifier.
No
Globally Unique Identifier
Data is identified by a persistent and globally unique identifier.
No
Contains data about individuals
Does the data hold data about individuals?
No
Contains data about identifiable individuals
Does the data hold identifiable data about individual?
No
Contains Indigenous Data
Does the data hold data about Indigenous communities?
N/A
Field Value
Version
Version of the datatset
2021-07-20
Source
Source of the dataset.
http://download.remax.ca/PR/2021HousingAffordabilityReportDataTable.pdf?_gl=1*18txifm*_ga*MTgyMzExNjMzMi4xNjk3OTg4MTMz*_ga_1K2F9Z3PBF*MTY5ODcwOTc5NS4zLjEuMTY5ODcwOTgwOC40Ny4wLjA.
Version notes
Version notes about the dataset.
Dataset was published on 2021-07-20
Is version of another dataset
Link to dataset that it is a version of.
Other versions
Link to datasets that are versions of it.
Provenance Text
Provenance Text of the data.
Provenance URL
Provenance URL of the data.
Temporal resolution
Describes how granular the date/time data in the dataset is.
Annually
GeoSpatial resolution in meters
Describes how granular (in meters) geospatial data is in the dataset.
GeoSpatial resolution (in regions)
Describes how granular (in regions) geospatial data is in the dataset.
Western & Eastern Canada
Field Value
Indigenous Community Permission
Who holds the Indigenous Community Permission. Who to contact regarding access to a dataset that has data about Indigenous communities.
Community Permission
Community permission (who gave permission).
The Indigenous communities the dataset is about
Indigenous communities from which data is derived.
Field Value
Number of data rows
If tabular dataset, total number of rows.
16
Number of data columns
If tabular dataset, total number of unique columns.
10
Number of data cells
If tabular dataset, total number of cells with data.
160
Number of data relations
If RDF dataset, total number of triples.
Number of entities
If RDF dataset, total number of entities.
4
Number of data properties
If RDF dataset, total number of unique properties used by the triples.
Data quality
Describes the quality of the data in the dataset.
Machine readable
Metric for data quality
A metric used to measure the quality of the data, such as missing values or invalid formats.
Validity of cells

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