Housing Affordability In Canada Has Been Improving For 9 Straight Months: NBF

Affordability improved in every major Canadian housing market in the third quarter of this year, marking nine straight months that homes have become cheaper relative to incomes, National Bank of Canada says.The bank’s latest quarterly housing affordability survey found that the national cost of housing has returned to its long-run average of 43 per cent of average income.Watch: These Canadian real estate markets are booming thanks to legal weed. Story continues below. But that “