2024 ROYAL LE PAGE                       Most Affordable Cities Report 

Desire for lower living costs, closeness to nature, have urban dwellers considering relocation to a more affordable Canadian city

50% of those living in the greater regions of Toronto, Montreal and Vancouver say they would consider buying a home in an affordable city

Here are a few highlights from the Royal LePage 2024 Most Affordable Canadian Cities Report:
  • Of the 15 most affordable cities in Canada, four are located in the province of Quebec and four in the Atlantic provinces; no British Columbia cities made the list
  • 54% of respondents in the Greater Montreal Area, 51% in the Greater Toronto Area and 45% in Greater Vancouver would consider relocating to one of the most affordable cities
  • Quebec City is the most popular destination among respondents in Greater Montreal, while Edmonton is the top-ranking choice among Greater Toronto and Greater Vancouver residents
  • Renters are more likely than owners to consider relocating based on housing affordability