Home ownership costs in Canada climbed for a third straight quarter and affordability is expected to erode through this year and into next, according to a report on Tuesday by Royal Bank of Canada (RBC). The RBC Housing Affordability measure for the first quarter of 2010 showed that home ownership costs had risen across all housing segments the bank tracks as a robust property market in Canada pushed up prices.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
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Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio