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Housing affordability still strained despite improvements in 2024: report - National | Globalnews.ca

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Summary
Nutrition label

77% Informative

National Bank of Canada tracks housing affordability in 10 major urban markets.

The mortgage payment on a representative home as a percentage of income ( MPPI ) fell 1.3 percentage points to 56.6 per cent in the third quarter .

Vancouver saw the biggest affordability improvements, but the city remains the least affordable overall.

Toronto 's affordability levels reached their best levels since the first quarter of 2022 .

VR Score

87

Informative language

92

Neutral language

62

Article tone

formal

Language

English

Language complexity

56

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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