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Rory C Real Estate | Oakwyn Realty

Buying A Home is Slowly Becoming More Affordable, But Improving Affordability Window Closing Soon

• RBC’s national housing affordability measure in Canada was little changed in Q2 (52.8%), posting its smallest improvement of 0.4 percentage point in almost a year. • Ownership costs remained … [read more]

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Improving National Housing Market Mechanics Still Intact, Early Signs of Regional Rebalancing

Canada’s housing market hit pause in August after five consecutive months of gains with resales declining 0.7% month-over-month seasonally adjusted—retreating to levels in May. The pullback coincided with an escalation … [read more]

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National HPI Fell for The 8th Time in 9 Months, with Sales Weakening to End Housing Market Recent Streak of Modest Gains

Canadian home prices slid to their weakest level in more than three years in August, extending a correction that has now erased 4.2% of value from the national market’s peak … [read more]

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