Sentences with phrase «deteriorating affordability levels»
Not exact matches
2016.08.30 Canadian Housing Affordability deteriorates the most in six years amid surging prices in hot markets: RBC Economics Soaring housing prices in Vancouver and Toronto continued to squeeze housing affordability at the national level in the secoAffordability deteriorates the most in six years amid surging prices in hot markets: RBC Economics Soaring housing prices in Vancouver and Toronto continued to squeeze housing affordability at the national level in the secoaffordability at the national level in the second quarter...
http://www.rbc.com/
In its annual year - end report, CREA states: «Transactions in B.C. and Ontario are anticipated to remain strong but fall short of this year's record levels due to deteriorating affordability, an ongoing shortage of affordably priced listings for single family homes and tightened mortgage regulations.»
Lawrence Yun, NAR chief economist, says contract activity is fading this spring because significantly weak supply levels are spurring deteriorating affordability conditions.