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Some Canadian Home Prices Are ‘Dangerously’ Unaffordable

TORONTO (March 2): Booming real estate markets in Vancouver and Toronto have pushed housing prices in the Canadian cities near “dangerously” unaffordable levels, according to Royal Bank of Canada (RBC), intensifying concerns as the government scrambles to cool the property market. The two cities have helped skew RBC’s home affordability measure, which deteriorated in the […]

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