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Atlantic Canada continues to have the most affordable housing markets in Canada, after experiencing relatively modest increases in homeownership costs during the 3rd quarter noted the latest quarterly housing report released on November 25th, 2009 by RBC Economics.
The RBC Affordability measure for Atlantic Canada captures the proportion of pre-tax household income needed to service the [...]
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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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Pushed by a stronger housing resale activity, the cost of owning a home in Saskatchewan became slightly more expensive in the third quarter, according to the latest housing report released on November 25th, 2009 by RBC Economics Research.
Robert Hogue, senior economist at RBC noted that with steady and substantial improvements over the past year, housing [...]
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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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The cost of homeownership in Canada has become more expensive in the third quarter according to a report by RBC Economics Research.
Royal Bank of Canada (RBC) noted that this has not happened since the spring of 2008, and that was due to a slight rise in mortgage rates and higher property values.
The RBC index measures [...]
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On September 9th, RBC Economics released its latest housing report which revealed that Housing Affordability has improved considerably in Saskatchewan since early last year as the RBC Affordability measures improve once more in the 2nd quarter between 0.4% – 1.4%.
Affordability measures retreated since their peak in early last year, as a result, homebuyers have been [...]
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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. [...]
