A slow, prolonged erosion of affordability conditions began in the early 2000s
Global real housing prices continue slide that started in 2022
New report calls on all levels of government to work harder to cut the cost of buying a home
The national average sale price in January was $652,941, down 2.6% on an annual basis
Housing starts forecast to drop to 247,000 this year as costs, inventories rise
Some borrowers are extending their amortization periods to lower their monthly payments
Government hopes to attract capital by reducing investment risk
Amid weak hiring, household debt concerns, central bank should soften tone, report argues
Activity slumped in 2025, despite easing rate environment
Decline may continue this year, before reversing in 2027, 2028: Desjardins