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Vancouver Homeownership Still Out of Reach as Affordability Improves Across Canada, Says RBC - Metro Vancouver News

Summary by castanet.net
Owning a home in Canada is the most affordable it’s been in three years, but Vancouver remains the priciest market by a mile, according to an economist at RBC (TSX:RY).

7 Articles

Vancouver SunVancouver Sun
Lean Right

Toughest time ever to afford a house, Vancouver in 'full-blown crisis': RBC report

In Vancouver, 106.4% of the share of a median income was needed to cover ownership costs in the last three months of 2023, according to RBC.

·Vancouver, Canada
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castanet.netcastanet.net
Center

Vancouver homeownership still out of reach as affordability improves across Canada, says RBC - Metro Vancouver News

Owning a home in Canada is the most affordable it’s been in three years, but Vancouver remains the priciest market by a mile, according to an economist at RBC (TSX:RY).

·Kelowna, Canada
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World NewsWorld News
+2 Reposted by 2 other sources
Center

Vancouver homeownership still out of reach as affordability improves across Canada, says RBC

Owning a home in Canada is the most affordable it’s been in three years, but Vancouver remains the priciest market by a mile, according to an economist at RBC (TSX:RY). A June 26 report says that as of the first quarter of 2025,

·United States
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大纪元 Epoch Times大纪元 Epoch Times

Vancouver Homeownership Requirement Drops Slightly to $237,550

So far, the real estate market in 2025 has been relatively favorable for buyers, with lower home prices and mortgage rates; the market appears to be starting to pick up and the tide is turning. The income needed to buy a home in Vancouver fell slightly in May from April, but it is still unaffordable for most people.

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Mortgage Rates & Mortgage Broker News in CanadaMortgage Rates & Mortgage Broker News in Canada

Homeownership costs in Canada fall to most affordable level in three years - Mortgage Rates & Mortgage Broker News in Canada

RBC says interest rate cuts are helping, but many markets remain out of reach

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Mortgage Rates & Mortgage Broker News in Canada broke the news in on Thursday, July 3, 2025.
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