Canada’s real estate becomes buyer’s market as homes are most affordable in 3 years: report

From Global News.

Owning a home in Canada might be the most affordable it’s been in three years, according to a new report by the Royal Bank of Canada.

“The positive shift in the last five quarters has helped homebuyers’ prospects across all regions and housing market segments. However, it’s been condo buyers that have seen the most significant turnaround,” the report said.

The report predicts stable home prices over the next two years.

Nivrita Ganguly has more on what’s factoring into this and why the dream of homeownership may still be unattainable for many.

For more info, please go to https://globalnews.ca/news/11270609/buying-a-home-in-canada-easiest-in-3-years/

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