Sentences with phrase «affordability index says»
The Bank of Canada's recently revamped Housing Affordability Index says «yes,» while the more widely - known RBC Housing Affordability Measures says «no,» claiming that home ownership costs now exceed the long - term average.
http://www.moneysense.ca/ Not exact matches
With house prices continuing to rise, RBC said its affordability index deteriorated in the first quarter of this year — the third quarter that has happened out of the last four — with the deterioration particularly acute in the hot markets of Toronto, Calgary and Vancouver.
«This is the first time the housing affordability index has broken the 200 mark, meaning the typical family has roughly double the income needed to purchase a median - priced home,» says Moe Veissi, 2012 NAR president.
«This is the first time the housing affordability index has broken the two hundred mark, meaning the typical family has roughly double the income needed to purchase a median - priced home,» he said.
Limited inventories and falling housing affordability will likely impact the pending sales index in future months as well, Yun says.
Despite rising house prices, Canada's housing affordability improved in the second quarter of 2005 as the dip in mortgage rates to multi-year lows offset the higher prices, says the latest Housing Affordability Index from Raffordability improved in the second quarter of 2005 as the dip in mortgage rates to multi-year lows offset the higher prices, says the latest Housing Affordability Index from RAffordability Index from RBC Economics.
Canada's housing affordability «mildly deteriorated» in the fourth quarter of 2005 due to relatively weak growth in household income, says the latest Housing Affordability Index released by Raffordability «mildly deteriorated» in the fourth quarter of 2005 due to relatively weak growth in household income, says the latest Housing Affordability Index released by RAffordability Index released by RBC Economics.
Canada's housing affordability improved slightly in the third quarter of 2005 due to faster income growth in tightening labour markets and slower house price increases, says the latest Housing Affordability Index released by Raffordability improved slightly in the third quarter of 2005 due to faster income growth in tightening labour markets and slower house price increases, says the latest Housing Affordability Index released by RAffordability Index released by RBC Economics.
Canada's housing affordability «mildly deteriorated» in the fourth quarter of 2005 due to relatively weak growth in household income, says the latest Housing Affordability Index raffordability «mildly deteriorated» in the fourth quarter of 2005 due to relatively weak growth in household income, says the latest Housing Affordability Index rAffordability Index released by...
«Movements in the index have been uneven, reflecting the head winds of tight credit, but job gains, high affordability and rising rents are hopefully pushing the market into what appears to be a sustained housing recovery,» Yun says in a statement.
«Though we have seen a modest drop in affordability in the second quarter, the [index] is still fairly high by historical standards,» says Robert Dietz, NAHB's chief economist.
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.