Canada home ownership costs to rise further

Home ownership costs in Canada climbed for a third straight quarter and affordability is expected to erode through this year and into next, according to a report on Tuesday by Royal Bank of Canada (RBC). The RBC Housing Affordability measure for the first quarter of 2010 showed that home ownership costs had risen across all housing segments the bank tracks as a robust property market in Canada pushed up prices.

Most Popular Articles

Latest Articles

2024 is not the year to cut corners on staging — here’s why 

With home prices reaching unprecedented heights and interest rates soaring, the discerning nature of today’s buyers requires all agents to employ every possible advantage. Simply put, cutting corners on staging is a risky move that risks prolonged market presence.

3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please