
Housing affordability spiraling to worrisome levels
March 30, 2022
Price gains recorded during the pandemic have been nothing short of stunning across Canada, surpassing 30% nationwide and far more in several markets.
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The Great Affordability Squeeze? Home buyers confront rising ownership costs
December 20, 2021
RBC’s aggregate measure for Canada jumped 2.0 percentage points to 47.5%—the worst level in 31 years.
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Canadian home buyers see affordability slipping away fast
October 7, 2021
Canada's housing market isn't as frenzied as it was at the start of this year, yet continues to operate at historically strong levels.
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Pandemic affordability relief was short-lived for Canadian home buyers
June 28, 2021
Canada's housing market heated up further in the early months of 2021, driving RBC's affordability measure to its worst level in 31 years.
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Canada’s housing market heat strains affordability
March 29, 2021
The housing fever that struck Canada last summer took a widespread, although uneven, toll on affordability across the country in the fourth quarter.
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Historic Housing Market Rally Made It Less Affordable to Own a Property in Canada
December 21, 2020
The pandemic tremendously disrupted Canada's housing market but hasn't destroyed activity as spring transactions shifted to the summer and fall.
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Pandemic Distorts Canada’s Housing Affordability Picture
September 30, 2020
A surge in Canadian household income was the main factor in improving housing affordability, finds RBC Economics in its latest Housing Trends and Affordability report.
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