(Source: The Vancouver Sun)


Owning a home in Canada may have become more affordable over the second quarter of 2009, but in Victoria there’s been little change as the city boasts the country’s highest mortgage carrying cost for a standard bungalow, according to the Royal Bank.

According to the quarterly affordability study by RBC Economics released yesterday, home-ownership costs eased in Canada for the fifth straight three-month period.

Read the full article by Andrew Duffy “Victorians pay highest home costs” in the Vancouver Sun (Sept 10, 2009)

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