Two Canadian cities — Toronto and Vancouver — have earned the title of “impossibly unaffordable” in a new report.

“There has been a considerable loss of housing affordability in Canada since the mid-2000s, especially in the Vancouver and Toronto markets,” according to the Demographia International Housing Affordability report, which is released annually.

"There has been a considerable loss of housing affordability in Canada since the mid-2000s," says the report.{ai:summary}<p>Canadian cities, Toronto and Vancouver, deemed "impossibly unaffordable" in recent report. Housing affordability plummeted since mid-2000s, particularly in those two markets. #economy</p>

These two Canadian cities are deemed 'impossibly unaffordable' in new report

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