Topics: affordability crisis
Canada Housing Affordability Crisis Continues to Soar, With Average Home Prices Far Beyond Reach
New data from RATESDOTCA reveals that the average home price in Canada is a staggering 141% higher than what a median-earning household can afford. Explore the implications of this housing affordability crisis and its impact on Canadians.
New data from RATESDOTCA reveals that the average home price in Canada is a staggering 141% higher than what a median-earning household can afford. Explore the implications of this housing affordability crisis and its impact on Canadians.
Read moreHousing Affordability Crisis: Interest Rates Soar Above 7%, American Millennials Struggle to Buy Homes
As interest rates reach their highest levels in 21 years, housing affordability plummets for Millennials. The American dream of home ownership becomes increasingly out of reach, impacting wealth creation and financial stability.
As interest rates reach their highest levels in 21 years, housing affordability plummets for Millennials. The American dream of home ownership becomes increasingly out of reach, impacting wealth creation and financial stability.
Read moreAustralia Rental Crisis: Melbourne's Vacancy Rate Hits Record Low, PropTrack Data Reveals
According to the latest statistics from PropTrack, just 1.41 per cent of rental homes in Melbourne were on the market in July, reaching a historical low.
According to the latest statistics from PropTrack, just 1.41 per cent of rental homes in Melbourne were on the market in July, reaching a historical low.
Read more