Canada's housing market sees largest improvement in affordability in four years: National Bank

United States News News

Canada's housing market sees largest improvement in affordability in four years: National Bank
United States United States Latest News,United States United States Headlines

Canada’s housing market saw the largest improvement in affordability in nearly four years in the first quarter of 2023, according to a report from economists at the National Bank of Canada.

in the first quarter of 2023, according to a report from economists at the National Bank of Canada.

The largest improvements occurred in Vancouver, which remains the least affordable Canadian city for buying a home, Hamilton and Toronto. The economists note that while the MPPI improved, it remains elevated and has not counteracted the huge rise in unaffordability observed during the COVID-19 pandemic.

 

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The Week Ahead: Bank of Canada policy announcement; earnings from Dollarama - BNN BloombergThe Week Ahead: Bank of Canada policy announcement; earnings from Dollarama - BNN BloombergA look at what investors will be watching in the upcoming week.
Read more »



Render Time: 2025-01-09 14:53:49