Canadian housing affordability erodes in Q2

Note: This section contains information in English only.
Source: Financial Post

Canadian housing affordability fell in the second quarter, as home prices and mortgage rates rose modestly. The cost of owning a home edged up to 43.4 per cent for a detached bungalow, to 49.4 per cent for a two-story home, while the measure for condos remained unchanged at 28.8 per cent, showed by the RBC Housing Affordability index on Monday, August 27. A reading of 50 per cent signals that homeownership costs are half of the household's gross income.

Back to articles

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
For further information regarding potential cooperation,
please call us or make callback request.
Aby dowiedzieć się więcej o Opcjach Binarnych w Banku Dukascopy / platformach handlowych Forex, SWFX, oraz innych,
zadzwoń do nas lub pozostaw prośbę o oddzwonienie.
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.