Note to readers: Some of these articles are summaries of decisions rendered in the cited cases.
Please note that this is not a review of the case law and that other decisions may be rendered subsequently or may be different and change the state of the law. This is also the case if the facts are not the same as those presented in the case mentioned.
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Homes slightly less affordable across Canada in Q3 2013
Improved vitality in Canada's housing market, together with an increase in mortgage rates this past summer, set the stage for the second consecutive quarterly deterioration in affordability in the third quarter of 2013, according to the latest Housing Trends and Affordability Report released by RBC Economics. Still, RBC says that affordability levels have yet to pose an immediate threat to the housing market's overall health and stability.
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