The Bank of Canada (Boc) Still Thinks Canadian Real Estate is More affordable Today Than in 2008
Previously I asked you if this is the opportune time to start planning?
I like to share with you this note I found from the Bank of Canada on borrowing and Real Estate purchase in Canada .
"Unaffordable Real Estate?
The Government has no idea what you're talking about. The Bank of Canada Housing Affordability Index (HAI) shows affordability improved since 2008. Despite the hard to believe reading, it provides an interesting warning. Affordability of Real Estate is deteriorating with minor rate hikes, compared to 2008, read more Shared by Stan van Woerkens."
Stan van Woerkens 604-306-2550
This entry was posted on August 6th, 2018 by Stan van Woerkens | Posted in General