November 27, 2013

Can you hear that? It’s your condominium calling!

Many average Canadian families are finding home affordability out of reach with higher prices and increases in mortgage rates, says a recent report from RBC.  It states that the average household has to give 43.3 percent of its much needed pre-tax income just to service the cost of owning a bungalow at current market values.  For a two-storey home, the affordability measure rose to 48.9 percent...

Compare listings

Compare