Housing affordability in Canada experienced its biggest improvement in ~4-yr during Q1 2023.
Mortgage payments as a percentage of income ↓ 3.2 pp to 60.9%.
Affordability improved in all 10 markets monitored, a first in two and a half years.
Housing affordability in Canada experienced its biggest improvement in ~4-yr during Q1 2023.
Mortgage payments as a percentage of income ↓ 3.2 pp to 60.9%.
Affordability improved in all 10 markets monitored, a first in two and a half years.
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