 鲜花( 1)  鸡蛋( 0)
|
买 ?? 卖 ?? 0 Y' c8 f- K! `/ j2 ?* R3 G) [, f
5 F. ]* J1 o/ e" h
ZT: Cost of home ownership continues to rise: RBC
: z. I; O0 K0 ]- r
( f8 ~0 W9 y/ Q7 }, rCanadian Press
% k6 Z: J5 R7 m* N8 b+ s3 l
! j) H6 w9 h" s$ m+ KWednesday, September 12, 20071 I. }& z. F- t+ z {
1 j" e$ D) C3 U: {
TORONTO — The cost of owning a home in Canada continued to climb in the second quarter as affordability in Western Canada showed the biggest change, according to a new report by the Royal Bank.) q) }2 t$ K5 g# ~7 y0 `
4 ^: e& O- S& RSaskatchewan suffered its worst ever quarterly deterioration of affordability on record, according to the bank, as an influx of people caught the housing supply off guard.
) e9 m$ l1 z4 L
* \- |. F' d. F4 y“In the second quarter, Canada's housing affordability experienced one of the largest and most broadly based quarterly deteriorations since the mid-1990s,” said Derek Holt, assistant chief economist, RBC.
6 [! X, u6 g. O3 x/ `4 L9 {( l; N5 b- L1 q; P) @4 m) N, z1 X: H
“Higher house prices, mortgage rates, utilities and property taxes all combined to drive the country-wide deterioration.”' a5 @, Q/ v. G' K7 U
1 P* H' o$ \1 I% T9 ~: `The report measures the proportion of pre-tax household income needed to service the costs of owning a home. The higher the reading, the more costly it is to afford a home) w/ D+ d- V/ O* y9 @ W( e
. K7 Y& ^3 I# t# ~The bank said a standard condo was the most affordable, requiring about 29 per cent of income compared with 27.5 per cent in the first quarter./ m0 S( l; l3 N0 A+ G. e
+ C0 i, G+ N7 @- }- @/ NA standard townhouse was next at 33 per cent, up from 31.5 per cent in the first quarter followed by a detached bungalow which increased from 39 per cent to 41 per cent in the second quarter.
, O( `. q: {! v. D9 U0 K* }: ~& d9 n
A standard two-storey home was 46 per cent, up from 44 per cent in the first three months of the year.
' k6 I' N. h r c
5 y5 m1 n0 e" mSaskatchewan, Alberta and B.C. saw the biggest increase in costs in the quarter.4 Y3 f2 ^9 U( z# Y- d" {
/ N4 k) d" a+ p! N. }* K' O1 h
Affordability fell about 20 per cent in Saskatchewan with no signs that prices were letting up yet, but the bank said the high prices were starting to weigh on demand.+ v4 |7 A3 Z! Q% e* b
( W" W' \' i' x. W5 n3 c6 A( v
Among Canada's largest cities, a detached bungalow in Vancouver was the most expensive with the proportion of pre-tax household income needed to own a home coming in at 71 per cent. Toronto and Calgary followed at 45 per cent, Montreal at 36 per cent and Ottawa at 31 per cent.
$ v8 A3 n$ b2 b1 F2 ~/ k0 Z4 t2 ?( a# E7 L9 H( o( z3 h
“Market conditions in Vancouver have loosened up during the year, but conditions remain tilted in favour of a seller's market and are still supportive of fairly strong price gains,” the report said. |
|
狗仔卡
发表于 2007-9-12 08:55
提升卡
置顶卡
沉默卡
喧嚣卡
变色卡
显身卡
