Share 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 [...]
Share 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 [...]
Share 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 [...]
