Affordability Rebounds, Homeownership Still a Steep Climb
Canadian Housing Affordability: A Glimmer of Hope in Q1 2023 Amidst Persistent Challenges The first quarter of 2023 brought a much-needed sigh of relief to prospective homebuyers across Canada. Following a period of aggressive monetary tightening, the Bank of Canada’s decision to pause its interest rate hikes had a tangible, albeit modest, impact on the … Read more