Brighter days ahead as home ownership costs go through the roof
March 29, 2023
Owning a home got even more expensive: Rising interest rates further inflated home ownership costs in the fourth quarter of...
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.
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.
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.
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.
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.
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.
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.