At first glance, Canadian homebuyers are doing better today than they were one year ago: Compared to 2020, when home seekers were crippled by uncertainty and health concerns, those who…
Update: This article has been updated with the most recent available data. The 2018 version of the analysis can be found below the current study. Three years and a global…
At the beginning of 2020, right when the pandemic hit, our homebuyer flash survey revealed that many home seekers were forced to put their plans on hold. But although house…
How long does it take to save for a down payment on a home? More than the average life expectancy if you’re a Gen Z buyer in Irvine, Calif., but…
Despite mortgage rates reaching historic lows, housing affordability continues to erode in the country’s largest and most in-demand cities. In a year as volatile and uncertain as 2020, the effect…
Mortgage affordability in Canada has eroded sharply in the past decade. In fact, in the last 10 years, the share of income needed to afford a mortgage has gone up…