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Canada’s housing affordability worsens as home prices continue to rise: RBC Economics

Author:  //  Category: Mortgage

TORONTO, Ontario, May 25, 2010 — Homeownership costs in Canada rose for the third straight quarter across all housing segments, as a strong real estate market and increased prices made it more expensive to own a home, according to the latest housing report released today by RBC Economics Research.
“Although home ownership became more costly in the first quarter of 2010, affordability …

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Canada’s housing affordability worsens as home prices continue to rise: RBC Economics

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