Posts Tagged ‘home affordability’

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RBC Economics: Manitoba’s Housing Affordability Stays Relatively Stable


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Manitoba’s housing market remains relatively affordable despite a rise in homeownership costs for the first time since 2008, according to the latest quarterly housing report released on November 25th, 2009 by RBC Economics.
The report by RBC Economics noted that the expected resurgence in Manitoba’s economy, along with an upswing in job growth should help keep [...]


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RBC Economics: Alberta Housing Market Costs Climb


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Alberta has had a long string of improvements in housing affordability which ended in the third quarter as homeownership cost deteriorated for the first time since the winter of 207 according to the latest housing report released on November 25th, 2009 by RBC Economics.
The RBC Affordability measure for Alberta captures the proportion of pre-tax household [...]


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Quebec Housing Market On Track


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Home affordability in Quebec improved in the second quarter, which helped the housing market get on the right path in the province, according to the latest housing report released by RBC Economics on September 9th.
The affordability has opened the doors to buyers, with sales of existing homes in Quebec rebounding strongly. Sales of existing homes [...]


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Low Homeownership Costs Help Boost Resale in Alberta


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Homeownership costs in Alberta have dropped, reaching levels which were not seen since 3 years ago. This has further boosted the resale market according to the latest second quarter housing affordability report which was released by RBC Economics on September 9th.
This is the largest cumulative drop in the history of RBC Affordability measures in Alberta. [...]


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