The study is the first to compare
affordability in the off-trade - supermarkets and off-licences - with on-trade prices, using data up to 2016.
While the deterioration of
affordability conditions was broadly based across the country, it was developments in Vancouver Toronto and Victoria that had the greatest impact on the national scene," said Craig Wright, Senior Vice-President and Chief Economist at RBC.
Once again, the Toronto area played a big role in shifting up the national
affordability needle in Q2, said Craig Wright, Senior Vice-President and Chief Economist, RBC.
Owner-occupied housing has become more affordable in most markets since the housing crisis (National Association of Realtors Housing
Affordability Index).
According to the Bank of Scotland Affordable Cities Review the average Scottish city house price has increase by 3% to GBP181,077 in 2016 from GBP176,009 in 2015, which has resulted in average
affordability in Scotland's cities falling in the last 12 months to 5.
Irrespective of the fluctuating prices, homes became affordable in nearly every market across Canada, according to RBC's Housing Trends and
Affordability Report.
It also offers recommendations to help policymakers assess the
affordability of potential debt.
The SmartLoans Loan
Affordability Calculator eliminates this problem by automatically determining if a home buyer qualifies for the loan they need in as little as 5 minutes.
Those are things the acquisition community can do to satisfy
affordability constraints, but they do not establish the constraints.
The EPA's
affordability criteria are intended to relieve undue economic burdens on communities facing federal water mandates.
Global Banking News-May 24, 2013--Canada's Housing
Affordability continues to exert mild stress on potential homebuyers: RBC Economics(C)2013 ENPublishing - http://www.
ca said it has published its second annual ranking of the 20 most popular Canadian and US border airports based on their
affordability.
In the housing
affordability literature, three concepts of
affordability are used; purchase
affordability, repayment
affordability and income
affordability.
Louisiana had the nation's highest
affordability factor, 6.
The Center for Neighborhood Technology (CNT) has created a new tool to gauge the true
affordability of housing by considering not only the price of a home or an apartment, but also the transportation cost associated with living there.
