Housing affordability shrinks for average wage earners

Analysis of the housing market shows that housing affordability shrank again in 2021, though the average wage earner in most U.S. counties can still afford to buy. The National Association of Realtors’ December Housing Affordability Index shows that surging demand for a very limited inventory of homes is fueling higher home prices, resulting in a

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Canada’s Real Estate Now More Affordable, Study Says

Homes in Canada became a bit more affordable in the third quarter of 2011, according to a new report by RBC. Most parts of Canada saw a decrease in housing costs, with Vancouver being the one exception. The index RBC uses calculates the affordability of housing at a given time. The lower the index, the

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