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RBC Economics Research publishes a comprehensive quarterly report looking at homeownership affordability in Canada entitled Housing Trends and Affordability.
Compiled since 1985, the RBC Housing Affordability Measure is based on the costs of owning a detached bungalow (a reasonable property benchmark for the housing market in Canada) at market value. Alternative housing types are also presented, including a standard two-storey home and a standard condominium apartment. The higher the reading, the less affordable is a home to a particular family. For example, a reading of 32 per cent means that homeownership costs, including mortgage payments, utilities and property taxes, would take up 32 per cent of a typical household’s monthly pre-tax income.
You are on: 2019
19.03.28
Soft housing market in Canada provides affordability relief: RBC Economics
You are on: 2018
18.12.21
Little relief in sight for Canadian housing affordability in 2019: RBC Economics
18.09.28
Canadian housing affordability at worst level in nearly 30 years: RBC Economics
18.07.03
Higher interest rates take a bite out of housing affordability in first quarter: RBC Economics
18.04.05
Toronto sees short-term affordability relief for homebuyers: RBC Economics
You are on: 2017
17.12.21
Buying a home in Canada is less affordable than any time since 1990: RBC Economics
17.06.29
Toronto home prices thump housing affordability in Canada: RBC Economics
17.03.30
Housing affordability trends in Toronto and Vancouver diverge: RBC Economics
You are on: 2016
16.12.21
No relief for home owners as Canadian housing affordability continues to slip: RBC Economics
You are on: 2015
15.08.31
Housing affordability rift widened across Canadian markets in Q2 2015: RBC Economics
15.06.22
Canada’s housing affordability trends diverged regionally during Q1 2015: RBC Economics
15.06.11
The future is now: First-time home buyers ready to make their move - RBC Poll
You are on: 2014
14.11.26
Home ownership in Canada becomes slightly more affordable in Q3 2014: RBC Economics
14.08.28
Canada's housing affordability improves in Q2 2014: RBC Economics
14.05.27
Canada's homes become a little less affordable in Q1 2014: RBC Economics
14.02.25
Canadian homes slightly more affordable in the final months of 2013: RBC Economics
You are on: 2013
13.11.27
Homes slightly less affordable across Canada in Q3 2013: RBC Economics
13.08.27
Canadian homes slightly less affordable in the second quarter of 2013: RBC Economics
13.05.23
Canada’s Housing Affordability continues to exert mild stress on potential homebuyers: RBC Economics
13.02.25
Canada's housing affordability slightly improves for the second consecutive quarter: RBC Economics
You are on: 2012
12.11.22
Canada's Housing Affordability Trending #Directionless: RBC Economics
12.08.27
Housing Slightly Less Affordable Across Canada: RBC Economics
12.05.29
Canada's Housing Affordability Wanes in the First Quarter of 2012: RBC Economics
12.03.07
Housing Affordability Improves for Second Consecutive Quarter: RBC Economics
You are on: 2011
11.11.25
Housing Affordability Improves Modestly across Canada: RBC Economics
11.08.22
Canada's Housing Affordability Dips for Second Straight Quarter: RBC Economics
11.05.20
Rising Home Prices Eroding Housing Affordability in Canada: RBC Economics
11.02.24
Canadian homeownership costs ease for second consecutive quarter: RBC Economics
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