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Canada's housing market saw 'widespread' improvements in affordability last quarter, but National Bank economists note it's still 'hardly an accessible level.'
Market View Economics and Strategy Further fiscal monitoring ...
Canadian dollar will struggle to keep its gains if the Bank of Canada cuts rates before the Federal Reserve, say analysts. Read more
The banking institution pointed to rising interest rates as part of the cause, and combined with a surge in home prices, the ability to afford a home is a difficult prospect.
Housing affordability was dealt a major blow in the third quarter and a growing population could make it worse, National Bank said. Read on.