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    Housing Affordability

    Homebuyer blues: dreadful affordability gets worse in Canada

    December 19, 2022

    The Bank of Canada’s battle against inflation has made it a lot harder to buy a home in this country.

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    Buying a home has never been so unaffordable in Canada

    September 29, 2022

    Unsurprisingly, soaring ownership costs turned Canada’s housing market on its head.

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    Canadian home buyers face least affordable market in a generation

    June 23, 2022

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

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    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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    Recent Housing Affordability Loss May Prove Temporary

    June 25, 2020

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

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    A Tough but Temporary Blow to Canada's Housing Market

    March 30, 2020

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

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