Canadian housing affordability deteriorates the most in six years amid surging prices in hot markets: RBC Economics

TORONTO, Aug. 30, 2016 /CNW/ – Soaring housing prices in Vancouver and Toronto continued to squeeze housing affordability at the national level in the second quarter, even though affordability was close to historical norms in most other Canadian markets, according to the Housing Trends and Affordability Report issued today by RBC Economics Research.

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