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2024-04-24 12:10:00 ET Summary Despite spring market optimism, US Home sales in March posted their most significant decline in more than a year. In Canada, where fixed mortgage rates are back above 5%, March home sales and prices were mostly unchanged month-over-month. Oxford ...
2024-04-04 09:50:00 ET Summary The median Canadian household income of $85k (Dec 2023) now qualifies for a maximum home price of $496k. The long-standing affordability rule is a home price no more than 3 to 4x annual household income. Costs of the epic misallocation of resourc...