«In the coming weeks, it is possible that six months of pent - up demand will be unleashed on the market, sending prices sharply upward again; this when the pre-intervention 2016 trend was a natural market slowdown based
on eroding affordability.»
Not exact matches
It adds that rising rates would
erode housing
affordability across Canada and weigh
on homebuyer demand; though continued growth in household income would somewhat offset the impact.
The decreasing
affordability of higher education is
eroding the last relatively secure path into the middle class, as more students take
on larger amounts of debt to finance their higher educations, or forego it altogether.
«With interest rates
on the rise, housing
affordability and home sales activity are expected to continue to
erode over the second half of 2010,» he says.
Today's Financial Post carried a story
on how
eroding housing
affordability is making these mortgage products popular.