Sunday 18 March 2012

Home ownership becoming more affordable despite rising debt

Despite ongoing concerns about household debt, home ownership is becoming more affordable in Canada, not less, says new research by the Royal Bank.

RBC's latest report says home affordability actually improved in the final months of 2011 for the second consecutive quarter, thanks to softening house prices and income gains.

 
Best regards,
 
Ritesh Joshi
Your Next Door Realtor
647-281-3424

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