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 … Read more

Singapore Homes Seriously Unaffordable: Report

Singapore’s market cooling measures have been effective in reducing the prices of HDB flats and private homes over the past few years, but housing costs here are still seen as too high, revealed findings published by a global report last month. According to the 12th Annual Demographia International Housing Affordability Survey, Singapore has a “seriously … Read more