Rbc Housing Affordability

Rising Costs And Stagnant Wages Leave B.C. Wallets In Sorry State

Dermod Travis | Posted 09.15.2016 | Canada British Columbia
Dermod Travis

According to the Canadian Payroll Association's survey of employed Canadians released in advance of this week's festivities, 53 per cent of British Columbians reported that "it would be difficult to meet their financial obligations if their pay cheque was delayed by even a single week."

Toronto, Vancouver House Prices 'Risky' But Will Keep Rising: Banks

CP/HuffPost Canada | Posted 08.31.2016 | Canada Business

Home affordability in Toronto and Vancouver is approaching “risky” levels, according to a report from RBC, but low interest rates and even the fal...

Homebuilders Want Looser Rules As Owning House Eats Half Of Income

The Huffington Post Canada | Daniel Tencer | Posted 06.23.2015 | Canada Business

With an average two-story house now costing half of a typical household’s income, a leading lobby group is pushing Ottawa to loosen lending rules an...

House Prices Moving Out Of Reach In Toronto, Vancouver: RBC

CBC | Posted 05.03.2015 | Canada Business

It's getting a easier to afford a home in Calgary and Regina, but housing is moving out of reach for many buyers in Toronto and Vancouver, according t...

Here's How Much You Need To Make To Buy A Home In These Cities

BuzzBuzzHome | Monika Warzecha | Posted 06.02.2014 | Canada Business

BuzzBuzzHome: Earlier this year, RBC Economics released their housing affordability report for the last quarter of 2013. Affordability saw a modest im...

Too Many Struggling To Get By In A 'Have' Province

Dermod Travis | Posted 04.16.2014 | Canada British Columbia
Dermod Travis

Halifax or Vancouver? Ask most folk which city boasts the higher median family income and chances are they'll say Vancouver. They couldn't be more wrong.

Affordability Deteriorating

CP | Julian Beltrame, The Canadian Press | Posted 01.27.2014 | Canada Business

OTTAWA - Higher prices and an increase in mortgage rates have made home affordability more of a problem for the average Canadian family, says a new re...

Affordability Sinks, But Canadians Keep Buying

CP | Julian Beltrame, The Canadian Press | Posted 10.27.2013 | Canada Business

OTTAWA - Home ownership has become less affordable for the average Canadian, but that hasn't stopped many from jumping into what may already be an ove...

The Good News Behind Canada's Falling House Prices

CP | Sunny Freeman, The Canadian Press | Posted 01.21.2013 | Canada Business

TORONTO - The cost of home ownership became more affordable in the most recent quarter due to a modest decline in home prices and gains in Canadian ho...