«Mortgage rates have subsided in recent months, which has only somewhat helped take away some of the sting prospective buyers are experiencing with
the deteriorating affordability conditions in many areas,» says Yun.
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 R
affordability conditions deteriorated for the fourth consecutive quarter, says the latest Housing
Affordability Index released by R
Affordability Index released by RBC Economics.