How Young Canadians Afford a Home in 2025
In 2025, the dream of owning a home in Canada is no longer taken for granted—especially by younger generations. Housing prices may have dipped slightly in some cities, but overall affordability remains at historically strained levels. Between stagnant wages, high interest rates over the past few years, and ballooning down payments, the barriers to entry are steep.
Yet, despite these challenges, many young Canadians are finding ways to buy homes. It’s not always conventional—and it's certainly not always equitable—but a growing number of under-35 homeowners are managing to enter the market. How? Through a mix of financial creativity, generational support, location flexibility, and lifestyle sacrifices.
This article explores how young Canadians are affording homes in 2025, based on common financial strategies, real-world experiences, and broader economic trends.
