Surging home sales and
prices raise affordability questions.
Not exact matches
Housing
affordability generally remained stable across Canada in the fourth quarter of 2015, with the exception of the scorching Vancouver and Toronto markets where soaring home
prices continued to
raise the bar on homeownership...
2016.02.29 Home ownership in Canada remains affordable... for buyers outside Vancouver or Toronto: RBC Economics Q4 2015 Housing
affordability generally remained stable across Canada in the fourth quarter of 2015, with the exception of the scorching Vancouver and Toronto markets where soaring home
prices continued to
raise the bar on homeownership...
«A drop in housing supply in December
raises some
affordability concerns in the months ahead as minimal selection and the potential for faster
price appreciation could offset the demand from buyers encouraged by a stronger economy and sub-4 percent interest rates,» says Yun.
All else constant, home
price appreciation can lower
affordability, while decreases in home
prices can
raise it.
«The new units, which rent for an average of $ 1,582,
raise questions about
affordability in a city scrambling to find reasonably
priced housing.