rbc affodability index

As homeownership costs hit a new high, RBC predicts affordability challenges for years to come

April 3, 2024 No Comments

Housing affordability in most major markets continued to worsen in the fourth quarter despite a slight easing of home prices.

Despite minor improvement, housing affordability remains near all-time worst level: RBC

October 2, 2023 No Comments

Despite a rise in average home prices earlier in the year, strong income gains were enough to improve affordability in the second quarter, albeit only slightly.

Housing affordability eased slightly in Q1, but “incredibly challenging” conditions persist: RBC

July 4, 2023 No Comments

The Bank of Canada’s temporary rate pause in the first half of the year helped ease affordability in the first quarter, but only nominally.

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rbc affodability index

As homeownership costs hit a new high, RBC predicts affordability challenges for years to come

Despite minor improvement, housing affordability remains near all-time worst level: RBC

Housing affordability eased slightly in Q1, but “incredibly challenging” conditions persist: RBC

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