Key highlights from the release include:

• Nationally, a typical $1-million home boasts an average of 3.2 bedrooms, 2.6 baths and almost 1,800 square feet of living space
• Remote work has given homebuyers greater flexibility to choose where they want to live, including more affordable cities where a million-dollar budget may stretch farther
• $1-million homes in the Greater Toronto Area and Greater Vancouver offer less square footage and fewer bedrooms and bathrooms than the national average
• Unlike Canada’s two other largest metropolitan centres, the Greater Montreal Area boasts an average home size that is 523 square feet larger than the national average
• Halifax, Edmonton and Winnipeg boast the largest average square footage of all major cities in Canada at this price point