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RBC: Toronto Real Estate Affordability is Worse, Vancouver Makes Biggest Improvement

Already unaffordable Canadian real estate became a little less affordable during the pandemic. RBC, Canada’s largest banks, updated their housing affordability data for Q1 2020. The bank observed worsening affordability, meaning housing required more income last quarter. This was due almost entirely to Ontario, as other regions saw affordability improve. Canadian Affordability Is Still Getting […]

The post RBC: Toronto Real Estate Affordability is Worse, Vancouver Makes Biggest Improvement appeared first on Better Dwelling.

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