Share Quebec’s homeownership costs were pushed upward for the first time in more than a year during the third quarter of 2009 due to an invigorated housing market noted the latest quarterly housing report released on November 25th, 2009 by RBC Economics. The RBC Affordability measure for Quebec captures the proportion of pre-tax household income [...]
Share 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 [...]
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 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 [...]
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 [...]
Share 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 [...]
Share There have been moderate changes in Manitoba’s housing affordability over the second quarter. It suggests that it is at a turning point, according to the latest housing report which was released on September 9th by RBC Economics. Senior Economist at RBC, Robert Hogue noted that the resale activity ramped up in the spring and [...]
