Canada's Housing Affordability Improves
This is a Toronto news story, published by Global News, that relates primarily to National Bank of Canada news.
Toronto news
For more Toronto news, you can click here:
more Toronto newsreal estate & housing news
For more real estate & housing news, you can click here:
more real estate & housing newsGlobal News news
For more news from Global News, you can click here:
more news from Global NewsAbout the Otherweb
Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like real estate & housing news, you might also like this article about
housing affordability levels. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest mortgage rates news, Housing affordability hope news, real estate & housing news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
housing affordabilityGlobal News
•Housing affordability still strained despite improvements in 2024: report - National | Globalnews.ca
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
Affiliate links
no affiliate links