Share Affordability levels in Manitoba remained in line with the long term averages, as provincial real estate activity picked up over the remaining months of 2009 according to the latest report released by RBC Economics. The RBC Affordability measures for Manitoba, which capture the proportion of pre-tax household income needed to service the costs of [...]
Share According to the latest housing report released by RBC Economics shows that the rebound in Saskatchewan’s housing resale market has slowed down since 2009, which has in turn limited price increases and improved affordability in the province in the 4th quarter of 2009. RBC Housing Affordability measure captures the proportion of pre-tax household income [...]
Share According to the latest RBC Economics report, housing affordability improved in Alberta in the fourth quarter of 2009 throughout the slower economic recovery, compared to other regions across the country. Robert Hogue, senior economist at RBC noted that the downturn in the housing market has created large surplus homes available for sale. This has [...]
Share Homeownership costs have increased slightly in Canada across all housing segments in the closing months of 2009, according to the latest housing report released today by RBC Economics. RBC Housing Affordability measure captures the proportion of pre-tax household income that is needed to service the costs of owning a home. In the 4th month [...]
Share Homeownership costs have increased slightly in Canada across all housing segments in the closing months of 2009, according to the latest housing report released today by RBC Economics. It can be expected that real estate markets in British Columbia and Ontario should see a further boost in demand prior to the introduction of the [...]
Share When purchasing a home, you can find yourself in one of the most stressful periods of your life. To help ease the stress of purchasing a home, I have a few tips you may want to consider following. 1. Lock in Mortgage Rate When you apply for a mortgage, you will be able to [...]
Share Yesterday, I noted that Vancouver is the most unaffordable of Canadian cities, according to the Frontier Centre for Public Policy. However, I also pointed out that this is likely due to its economic vitality. As if to add support for my point, the Conference Board of Canada’s Metropolitan Outlook for Winter 2010 came out [...]
