{"id":95,"date":"2026-10-12T10:00:00","date_gmt":"2026-10-12T10:00:00","guid":{"rendered":"https:\/\/www.shabbirburhani.com\/blog\/?p=95"},"modified":"2026-10-12T10:00:00","modified_gmt":"2026-10-12T10:00:00","slug":"toronto-affordability-gains-are-tapering","status":"publish","type":"post","link":"https:\/\/www.shabbirburhani.com\/blog\/2026\/10\/12\/toronto-affordability-gains-are-tapering\/","title":{"rendered":"Toronto Affordability Gains Are Tapering"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\" src=\"https:\/\/www.roomvu.com\/agent\/embed\/shabbir-burhani\/housing-affordability-relief-remotion-videos-0941\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>Toronto\u2019s aggregate affordability measure improved in Q2, dropping ~1 point to ~64% across housing types, though it still ranked among the least affordable tracked markets.<br \/>\nIncome growth drove most of Toronto\u2019s relief, while home prices showed early signs of stabilizing, making this the smallest quarterly improvement since Q1 2024.<br \/>\nToronto condos offered the most relief, reaching their most favourable affordability level since 2017 and giving buyers a comparatively more reachable entry point.<br \/>\nEven after recent easing, Toronto\u2019s overall affordability burden remained the second worst among tracked markets, sitting within ~1 point of a potential ranking shift.<br \/>\nThis was Toronto\u2019s smallest quarterly affordability improvement since the recovery began in Q1 2024, even though the city continued improving faster than most markets.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Toronto\u2019s aggregate affordability measure improved in Q2, dropping ~1 point to ~64% across housing types, though it still ranked among the least affordable tracked markets. Income growth drove most of Toronto\u2019s relief, while home prices showed early signs of stabilizing, making this the smallest quarterly improvement since Q1 2024. Toronto condos offered the most relief, [&hellip;]<\/p>\n","protected":false},"author":369,"featured_media":96,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-95","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.shabbirburhani.com\/blog\/wp-json\/wp\/v2\/posts\/95","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.shabbirburhani.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.shabbirburhani.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.shabbirburhani.com\/blog\/wp-json\/wp\/v2\/users\/369"}],"replies":[{"embeddable":true,"href":"https:\/\/www.shabbirburhani.com\/blog\/wp-json\/wp\/v2\/comments?post=95"}],"version-history":[{"count":1,"href":"https:\/\/www.shabbirburhani.com\/blog\/wp-json\/wp\/v2\/posts\/95\/revisions"}],"predecessor-version":[{"id":97,"href":"https:\/\/www.shabbirburhani.com\/blog\/wp-json\/wp\/v2\/posts\/95\/revisions\/97"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.shabbirburhani.com\/blog\/wp-json\/wp\/v2\/media\/96"}],"wp:attachment":[{"href":"https:\/\/www.shabbirburhani.com\/blog\/wp-json\/wp\/v2\/media?parent=95"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.shabbirburhani.com\/blog\/wp-json\/wp\/v2\/categories?post=95"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.shabbirburhani.com\/blog\/wp-json\/wp\/v2\/tags?post=95"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}