Second quarter affordability gain too small to relieve tensions
September 28, 2023
The burden of home ownership costs got slightly lighter in the second quarter in Canada: RBC’s aggregate affordability measure for...
Homeownership costs dip—a welcome shift but no game changer
June 28, 2023
RBC’s aggregate affordability measure for Canada fell for the first time in almost three years, edging 1.6 percentage points lower to 59.5%
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.
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.
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.
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.
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.
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.