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Home affordability is bad in Canada. It's about to get worse.
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All the same, affordability may not be coming back anytime soon.
You’ll need around $200,000 a year to afford the average detached home.
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The difference in mortgage costs from city to city has become a yawning chasm.
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The Liberals aimed at Toronto, but may have hit the Maritimes instead.
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One in five Canadian renters spend more than half their income on shelter alone.
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House prices rise as the population falls, and other fun factoids from Canada's senseless housing market.
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Canadians are a little more sour than usual on the housing market these days.
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Toronto and Vancouver are the "most vulnerable" markets, NBF says.
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Vancouver’s housing market has been under some heavy pressure recently, with sales falling for the past six months and the average resale price taking a big dive in August. But the same trend doesn’t...
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Global comparison puts Canadian home affordability in perspective.
Some surprising places top this list.
Low interest rates can't help much when prices are this high.
Affordability in Toronto is at a quarter-century low.
It takes 420 to 450 weeks of average wages to own a home today.
Home affordability in Toronto and Vancouver is approaching “risky” levels, according to a report from RBC, but low interest rates and even the falling loonie mean Canadians shouldn’t count on affordab...
We've heard the complaints: it's tough to buy a home in Canada. But just how difficult is it? Depends entirely on where you live. Toronto-based website Rentseeker in February generated an infographic...
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Toronto’s housing market, long the target of warnings of overbuilding and excessive price spikes, just experienced its best month ever. Home sales jumped 11.4 per cent in May, compared to the same mon...
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BuzzBuzzHome: Earlier this year, RBC Economics released their housing affordability report for the last quarter of 2013. Affordability saw a modest improvement in the last days of the year, but the fi...
OTTAWA - It's becoming increasingly difficult for families to own a home in Canada and affordability is only expected to get worse going forward, according to the Royal Bank of Canada (TSX:RY).With ho...
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OTTAWA - The Royal Bank of Canada (TSX:RY) says the ability of Canadians to keep up with housing costs has been improving of late, but warns that's about to change.RBC's latest housing affordability m...
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 report from the Royal Bank of Canada (TSX:RY).RBC's...
Maybe Canada doesn’t have a housing bubble. Maybe this time, it really is different. Maybe life expectancies have grown, and with them, people’s willingness to take on more debt. That would mean house...
Landing an affordable mortgage may become even more difficult in Canada if the country’s banking regulator moves forward with rules reducing the length of uninsured home loans. The move — if it happen...
It's getting more difficult to pay for the costs of owning a home in Canada and the situation will likely worsen, the Royal Bank said Tuesday.The RBC reports that rising house prices were responsible...
OTTAWA - Despite ongoing concerns about household debt, home ownership is becoming more affordable in Canada, not less, says new research by the Royal Bank.RBC's latest report says home affordability...