| From Reuters: Canadian home ownership costs are rising and affordability is eroding, while overvalued house prices are due for a correction in the coming year or two, a pair of reports by banks said on Tuesday.
CIBC World Markets' new Home Ownership Affordability Index found home ownership was within reach for most Canadians but increasingly difficult for some. It also said about 17 percent of all dwellings in the country were above fair value..............................................Full Article: Source
|