Toronto Ranks 20th Worldwide

Toronto ranked 20th among 1K global cities in a 2026 index, keeping a top-25 spot as strong economics and human capital supported demand.
That same index said Toronto's housing affordability weakened its Quality of Life score, even while the city performed well across broader economic measures.
A 2026 housing study placed Toronto's median multiple near 7.5, leaving the city among the least affordable major markets surveyed that year.
An expert behind the rankings said Toronto residents spent a larger income share on housing than people in nearly every other city worldwide.
Broader supply shortfalls, with housing starts expected to keep slowing through current 2026, continue to explain why affordability gains have not closed Toronto's gap.