A slight drop in home prices and lower mortgage rates in the third quarter have led to an improvement in Canadian affordability, shows the Desjardins Affordability Index (DAI). The improvement in affordability stems from faster income growth and the drop in mortgage rates. An improvement by the DAI therefore indicates that it’s less onerous for […]

By Staff |October 31, 2012

1 min read

U.S. housing sector to grow at slower pace

The U.S. economy and housing sectors are expected to continue to grow, but that growth is likely to be slower than previously expected, according to a survey conducted by U.S.-based Urban Land Institute. The results of the survey, conveyed in the latest edition of ULI Real Estate Consensus Forecast, reveal that the real gross domestic […]

By Staff |October 1, 2012

2 min read

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