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Housing Affordability to worsen in 2019 even as market cools, says RBC

Housing Affordability to worsen in 2019 even as market cools, says RBC

Vancouver the least affordable

In Canada's most expensive market — Vancouver — house prices are expected to fall another 2.5 per cent this year, while sales remain flat. On Thursday, the Real Estate Board of Greater Vancouver said the benchmark price for a home, which is a composite of detached properties, townhomes and condominiums,  fell by 2.7 per cent in December 2018 compared to the previous year. 


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https://www.cbc.ca/news/business/house-prices-affordability-income-1.4966211

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