09/07/2026
Home affordability improves in 10 of 13 Canadian cities in July
In July, home affordability saw a boost in 10 out of 13 major Canadian cities, driven by a dip in home prices. Notably, Vancouver experienced the most significant decrease in the income needed to purchase a home. Mortgage rates edged down as well, and there are still discounted fixed-rate options available below 4%. As someone who helps clients find competitive mortgage solutions from coast to coast, I keep a close eye on these shifts—especially for both first-time buyers and those with more experience navigating the market.
https://www.housing-trends.com/agent-news/sima-mirzaaghaee-1763411/1947583-Home-affordability-improves-in-10-of-13-Canadian-cities-in-J