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This Week’s Top Stories: Canadian Real Estate Has Never Been Less Affordable & Low Rates Don’t Help

April 7, 2024

Time for your cheat sheet on this week’s top stories. Canadian Real Estate Buying A House In Canada Has Never Been Harder, Years To Correct: RBC Canada’s largest bank warns it’s never been more difficult to buy a home in the country. RBC warns a median household would need to spend up to 108% of […]

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Canada | Global | USA

Lower Rates Do Not Improve Housing Affordability: US Federal Reserve

April 4, 2024

Think lower rates are the path to affordable housing? The US Federal Reserve (the Fed) believes you may have been grossly misinformed on that narrative. New research from the Dallas branch the Fed tackles the impact of interest rates on housing affordability. They warn the common belief that lower rates improve affordability is based on […]

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USA

US Real Estate Prices Could Plunge 20%, “Severe” Recession Possible : Dallas Fed

December 5, 2022

US home prices made lofty gains over the pandemic—a bigger run up than the one seen before the Great Recession. It’s going to be difficult to not see a significant chunk of those gains given back to the market, warned the Dallas Fed. Researchers from the US Federal Reserve branch warn severe recession is still […]

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