Sentences with phrase «affordability index declined»
The July Housing Affordability Index declined by 1 percentage point from June.
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Stable borrowing rates and a slight decline in utility costs provided little relief to homeowners as Canada's housing affordability conditions deteriorated for the fourth consecutive quarter, says the latest Housing Affordability Index released by Raffordability conditions deteriorated for the fourth consecutive quarter, says the latest Housing Affordability Index released by RAffordability Index released by RBC Economics.
Some of the decline in the affordability index could be the result of a loss in some more modest priced home sales as tight underwriting standards have limited the purchases by moderate income families.»