RBC Economics Research - Housing Affordability report for city of Toronto

This is a latest edition of housing affordability and some inside information about the housing market in Ontario and specifically in Toronto. I have gathered the important information related to the housing sector in Ontario & Toronto 

Here is the table summary for across Canada for the month of November :

Mortgage carrying costs 

RBC Housing Affordability Measure captures the proportion of median pre-tax household income required to service the cost of a mortgage on an existing housing unit at going market prices, including principal and interest, property taxes and utilities; the modified measure Source: Statistics Canada, Royal LePage, RBC Economics Research M

Average price of homes sold on the MLS system 

Home sales-to-new listings ratio