Housing Affordability

Interest rates are back on the rise after falling to historic lows during the pandemic.

Price gains recorded during the pandemic have been nothing short of stunning across Canada, surpassing 30% nationwide and far more in several markets.

RBC’s aggregate measure for Canada jumped 2.0 percentage points to 47.5%—the worst level in 31 years.

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.

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.

The housing fever that struck Canada last summer took a widespread, although uneven, toll on affordability across the country in the fourth quarter.

The pandemic tremendously disrupted Canada's housing market but hasn't destroyed activity as spring transactions shifted to the summer and fall.

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.

Canadian housing affordability could improve as home prices fall and interest rates lower, finds RBC Economics in its latest Housing Trends and Affordability report.

Canada's housing market will slow to a crawl this spring, finds RBC Economics in its latest Housing Trends and Affordability report.