national bank housing affordability

Home prices falling in Canada

Home prices continue to fall under the weight of high interest rates, but affordability not improving

December 14, 2023 No Comments

Both home prices and sales continued to trend downward in November as high interest rates continue to keep many prospective buyers on the sidelines.

A man calculating his home affordability

Housing affordability continued to deteriorate in the second half of 2022

January 4, 2023 No Comments

Despite declining home prices, higher interest rates continued to push erode housing affordability in the third quarter.

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