Canada's Housing Bubble

Analysis of the real estate bubble in Canada -- http://CanadaBubble.com

Canadian housing is at one of the least affordable points historically Print E-mail

According to RBC latest report HOUSING TRENDS AND AFFORDABILITY November 2009, Canadian housing market is now at the one of the least affordable points historically, all provinces and major metro markets shared in the deterioration in affordability in the third quarter. British Columbia, especially Vancouver, posted the biggest increases by far in the RBC measures.

 

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