Canada Has The Second Most Overvalued Real Estate of Any Advanced Economy


Image by:

The house price to income ratio is a fundamental of housing affordability. It’s the ratio of the market price of a typical property as a share of household income. Rising ratios mean home prices are outpacing incomes for growth. This is considered a deterioration in housing affordability. Falling ratios mean incomes are outpacing home prices, an improvement in housing affordability.

Continue to read on: BETTER DWELLING