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Tuesday, September 28, 2010

RBC Economics Housing Affordability Study

The latest Housing Affordability Index from RBC Economics was released yesterday and  can be found here: RBC Affordability Index.

Affordability eroded a bit further in Saskatchewan in the second quarter of 2010 for all categories except townhouse condos which were slightly more affordable. While the overall decrease in affordability caused some concern, the report went on to say "we expect that a strong rebound in the provincial economy this year and next will likely help ease such tensions".

If you have any comments on the RBC report or on the Saskatchewan real estate market in general, feel free let us know.

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