This year’s most searched-for price range in Canada was between $200,000 and $300,000 — less than half the latest national average home price of $640,000. Home-seekers were predominantly interested in…
Based on the latest renter income figures, starter home prices and mortgage rates, in October, renters in Los Angeles and New York only earned 30% and 34%, respectively, of the income they would need to buy a starter home. In 13 more of the 50 largest U.S. cities, renters earned less than half the income they would need to make the move from renters to homeowners. Renters in only 4 large U.S. cities (Detroit; Tulsa,…
The value we put on space — literally and figuratively — has increased following the pandemic. And, with elbow room topping the wish list for most Canadian homebuyers, it’s fair…
With inflation and the Fed’s rate hikes affecting both rents and mortgage affordability, it seems as though there’s no end in sight for home seekers’ trials and tribulations. Now, even…