Calgary sees jump in income required to qualify for mortgage

Calgary’s homebuyers saw the second highest rise among major cities in October for the income needed to qualify for a mortgage to purchase the average priced home, a new study shows. Ratehub.ca released its monthly report showing the amount of income required to qualify with a 20 per cent down payment for a mortgage for the average priced Calgary home in October increased $300 from September.

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Calgary ranks middling among Canadians cities for being gen Z-friendly

Living in Calgary is not as easy as it is in many other cities in Canada for generation Zs, a new survey has found. The city ranked 26th among 50 cities in a new study by Point2Homes, ranking the metropolitan areas as the most ‘gen Z ready,’ based on housing affordability, cost of living, work-life balance and perceived mental health among other metrics.

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