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Barbara Yaffe: High costs drive British Columbians away from traditional home ownership

Barbara Yaffe: High costs drive British Columbians away from traditional home ownership

And, of course, monthly mortgage payments become easier. A February cross-Canada survey for the bank by Environics found more than one quarter …
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Low mortgage rates had a favourable effect on affordability in Canada

Lower mortgage rates therefore had a favourable effect on affordability. However, the Canadian housing market is still less affordable, on average, …
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