Stay Free, Alberta

[Barquentine]

On 5/8/2026 at 6:28 PM, Goober National said:

That's like gravy for the US

Yeah, Canada joining the US would guarantee Democrat administrations for the next 40 years.

[herbie]

Seeing as how they might be a tiny bit more persuasive and suggest States #51 to 60, they'd get 20 more representatives of whom 12 would make Brnie Sanders look like a 'centrist'... that wil make them reconsider.

Look at the snivelling in another thread about Obama FFS. Most politically educated Cdns would put im somewhere between Mulroney and Harper as a Conservative.

[John Stone]

6 hours ago, Barquentine said:

Yeah, Canada joining the US would guarantee Democrat administrations for the next 40 years.

........... Kanada would likely be just a territory until the Canadiana is bred out. 

As a territory,  Kanistan would be represented in Congress by non-voting members- like the ersatz Americans in Puerto Rico.  😁

Edited May 10 by John Stone

[paxamericana]

36 minutes ago, John Stone said:

........... Kanada would likely be just a territory until the Canadiana is bred out. 

As a territory,  Kanistan would be represented in Congress by non-voting members- like the ersatz Americans in Puerto Rico.  😁

Deal

[CdnFox]

8 hours ago, Barquentine said:

Thanks for making my point.

Was your point that i was right?    that's what got proven. 

Quote

You might be able to afford it but a lot of people couldn't.

Pretty much every working person could come up with 12 dollars.  12 dollars isn't much money.  But there's no doubt they'd say it was expensive. But 12 dollars? Sure most working people can raise 12 bucks if they want to. 

However the majority of people today CANNOT come up with enough to buy a house. I don't mean that they could but choose not to, they just can't.  The average working person will not be able to save up enough to buy a home in most of the populated areas of canada.  Maybe some small towns here and there but for the most part, nope.  Not without help from the bank of mom and dad. 

The biggest problem with the liberals is that it's not JUST housing.  That 12 dollar butter isn't bad by itself, but under the libs EVERY kind of grocery is going up that much. Food prices are spiraling and climbing across the board at an enormous rate. Not just one item.  And that's what hurts. 

So there you go.  I'm right and you're a twat, pretty much the same ending as every other time  

 

 

[Barquentine]

13 hours ago, CdnFox said:

 

 

13 hours ago, CdnFox said:

Pretty much every working person could come up with 12 dollars.  12 dollars isn't much money.  But there's no doubt they'd say it was expensive. But 12 dollars? Sure most working people can raise 12 bucks if they want to. 

Tell that to the widow living on oas/gis. Tell that to the coffee slinger living on minimum wage. Tell that to the working poor who just make it paycheque to paycheque... Rent, utilities, gas, food, children...

You sound more like Trump every day: In April 2025, Donald Trump described "groceries" as an "old-fashioned" but "beautiful" term, defining it as "a bag with different things in it".

13 hours ago, CdnFox said:

So there you go.  I'm right and you're a twat, pretty much the same ending as every other time

You're a grade 7 punk, sometimes clever but never wise.

[LinkSoul60]

On 5/8/2026 at 10:31 AM, CdnFox said:

LOL ahh starting off with an insult that's actually an admission of your own failings,  That's your signature way of admitting you know you're wrong  Love to see it  

 

 

I gave you dozens and did the math for you. More than once. I even gave you proof looking at it from different ways. On top of it west can gave you some proof and a couple of other people. Not to mention the fact that I drew proofs from your own links  

And in fact I'll do so again right now from your own link:

The two main exceptions

are Vancouver and Toronto where high and rising prices make it a stretch for

a typical household to own a home at today’s market values,especially in

the single-detached segments (the bar on condo ownership is comparatively

much less of a hurdle

 

My claim was that Vancouver was expensive but affordable. 

Your own link says that it was a stretch to afford a detached home but a nice townhouse or condo was much less of a hurdle.

He stretch is not unaffordable. It just means it's expensive. And Townhomes, which is what I specifically mentioned. We're much more affordable

 

You literally just proved me right. Vancouver was expensive but affordable

I provided you with actual hard numbers and actual definitions and many many links, you provide one and it still proves me right

Kid, you and Robo Smith are in an absolute race to see who's the dumbest person on this board and you've got everyone else lapped. 

Lol.. condo ownership 😂

Keep trying Kiddo...

On 5/8/2026 at 11:21 AM, WestCanMan said:

I already showed you a few days ago how much house prices/rent and gas have gone up compared to wages since then. 

Wages was at 70% while house prices were well over 100% and gas was close to 100. 

FYI, that makes living here less affordable than before.

You're just busy trying to out-ignorant everyone here, because that's the premiere event of the Left4rd Cultist Olympics. 

I wish I could tell you that you're beating eyeball, robo, Beave, etc, but you're all tied for 1st at 100.0% ignorant. Don't feel bad, there's nothing that you can do to be more ignorant than you already are.

It's not complicated clown...  A simple search gives you all the info you need to know.

[CdnFox]

4 hours ago, Barquentine said:

Tell that to the widow living on oas/gis.

She has 12 dollars.  And if she had to she could switch to margarine and be just as well off.  If they only thing that was higher was butter she'd be fine. The problem is under the libs EVERYTHING is higher. 

ANd considering we very specifically noted we were discussing the AVERAGE WORKING person...  you're having to move those goalposts down the block and around the corner to even get close to a point lOL 

4 hours ago, Barquentine said:

You sound more like Trump every day: In April 2025, Donald Trump described "groceries" as an "old-fashioned" but "beautiful" term, defining it as "a bag with different things in it".

Uhh,.  i never said anything about groceries. And i never defined it or said anything like that    

LOL man the simple facts are causing you to have a major mental melt down aren't they   Now you're imagining things i never said  

Something can be expensive and still be affordable.  Sorry you tried to deny that and now look like a twat but that's on you  

[WestCanMan]

2 hours ago, LinkSoul60 said:

It's not complicated clown...  A simple search gives you all the info you need to know.

If you already know the answers then why are you saying that affordability didn't go down?

Wages minus rent/mtg minus gas in 2015 left you with more money in 2015, at a time when everything else cost less money than it does now.

So you would have, for example, $800/mo left in 2015, you'd have $400 left over in 2026, and prices were lower in 2015, so 800 2015 dollars would just go a lot further than 800 2026 dollars. 

So people had more dollars left over in 2015, and those were pre-inflation dollars, which had more relative value than 2026 dollars.

• According to the Food Banks Canada HungerCount 2025 report, there were nearly 2.2 million (approximately 2,165,776) visits to food banks in Canada in March 2025. [1, 2]
  This represents the highest number of food bank visits in Canadian history, marking a 5.2% increase over the previous year and a doubling of usage since March 2019

[CdnFox]

1 hour ago, WestCanMan said:

If you already know the answers then why are you saying that affordability didn't go down?

Wages minus rent/mtg minus gas in 2015 left you with more money in 2015, at a time when everything else cost less money than it does now.

So you would have, for example, $800/mo left in 2015, you'd have $400 left over in 2026, and prices were lower in 2015, so 800 2015 dollars would just go a lot further than 800 2026 dollars. 

So people had more dollars left over in 2015, and those were pre-inflation dollars, which had more relative value than 2026 dollars.

• According to the Food Banks Canada HungerCount 2025 report, there were nearly 2.2 million (approximately 2,165,776) visits to food banks in Canada in March 2025. [1, 2]
  This represents the highest number of food bank visits in Canadian history, marking a 5.2% increase over the previous year and a doubling of usage since March 2019

he knows damn well he's being a twat. Canada was still affordable in 2015, that situation has deteriorated badly and for the average person especially the average young person it no longer is.

He's just desperate to try and avoid facing the fact that things were better under harper and they were under Trudeau. It's like watching a 5-year-old try and explain why they should be allowed to stay up later

[Barquentine]

20 hours ago, CdnFox said:

and now look like a twat

Same old tired childish insults from a small minded insular mind.

[LinkSoul60]

21 hours ago, WestCanMan said:

If you already know the answers then why are you saying that affordability didn't go down?

Wages minus rent/mtg minus gas in 2015 left you with more money in 2015, at a time when everything else cost less money than it does now.

So you would have, for example, $800/mo left in 2015, you'd have $400 left over in 2026, and prices were lower in 2015, so 800 2015 dollars would just go a lot further than 800 2026 dollars. 

So people had more dollars left over in 2015, and those were pre-inflation dollars, which had more relative value than 2026 dollars.

• According to the Food Banks Canada HungerCount 2025 report, there were nearly 2.2 million (approximately 2,165,776) visits to food banks in Canada in March 2025. [1, 2]
  This represents the highest number of food bank visits in Canadian history, marking a 5.2% increase over the previous year and a doubling of usage since March 2019

Are you not capable of following the conversation, which is.... metro Vancouver was unaffordable for many in 2015.  So what about 2025... that's not the conversation. 

This doesn't require a great deal of effort to find the facts on affordability in the region during that time.  Stay focused and look for data from 2015, not 2025.

Unaffordable home prices to ripple across Metro Vancouver

Published 3:00 am Thursday, March 26, 2015

By Jeff Nagel

Average debt-service ratio for Vancouver from 2000 to 2014.

[LinkSoul60]

22 hours ago, CdnFox said:

LOL man the simple facts are causing you to have a major mental melt down aren't they   Now you're imagining things i never said  

Something can be expensive and still be affordable.  Sorry you tried to deny that and now look like a twat but that's on you  

You only have one mode of response don't you...  attack, tell the person they're having a mental meltdown, talk nonsense, and then claim you won the debate.

Metro Vancouver was highly unaffordable for many in 2015, that's fact.  Don't take it personally Kiddo...

Vancouver ranked third most unaffordable housing market in the world

By Jill Slattery  Global News

Posted January 22, 2017 4:48 pm

 Updated January 24, 2017 2:10 pm

 2 min read

 

Vancouver has been once again ranked one of the least affordable housing markets in the world, according to an annual survey from Demographia.

It was the only Canadian city to crack the top 10 list, coming in third behind Hong Kong and Sydney, Australia out of 406 markets in the world.

This is the second year in a row Vancouver ranked third after hitting second place in 2015. The city has been ranked with the worst housing affordability in Canada in all previous Demographia surveys since 2004.

Demographia reported Vancouver’s year-over-year price growth was equal to a year of household income in the city. It also mentioned the city experienced a “modest” net domestic out-migration in 2016, meaning more people left the city than moved in.

The annual survey has been publishing data on world housing markets relative to household income since 2004, and noted Vancouver has experienced “the greatest housing market deterioration” among all major markets in the world, with its Median Multiple figure – a measure of housing affordability – more than doubling from 5.4 to 11.8 in that time.

In the fall of 2016, the UBS Global Real Estate Bubble Index ranked Vancouver with the world’s worst real estate bubble risk thanks to “stimulated Asian demand” and “loose credit conditions.”

READ MORE: B.C. real estate data show sharp decline in foreign investment after tax

Demographia says Toronto is not far behind Vancouver for growth in housing unaffordability, with the second-fastest growing unaffordability rate, going from 3.9 in 2004 to 7.7 in 2016.

READ MORE: Real estate trends 2017: Will Toronto prices catch up to Vancouver’s?

On the other side of the coin, cities on the east coast of the United States hit the mark for most affordable housing relative to household income.

Racine, Wisconsin is ranked the most affordable with a median home price of $104,000 and a median household income of $58,400. Behind it come Bay City, Michigan; Decatur, Illinois; Elmira, New York; and East Stroudsburg, Pennsylvania.

In Canada, Moncton, New Brunswick was the most affordable housing market with a median price of $134,900, followed by Fredericton and Saint John, New Brunswick. The only other B.C. cities on the list, Kelowna, Fraser Valley and Victoria were all named unaffordable.

https://globalnews.ca/news/3198292/vancouver-ranked-third-most-unaffordable-housing-market-in-the-world/

[John Johnston]

1 minute ago, LinkSoul60 said:

You only have one mode of response don't you...  attack, tell the person they're having a mental meltdown, talk nonsense, and then claim you won the debate.

Metro Vancouver was highly unaffordable for many in 2015, that's fact.  Don't take it personally Kiddo...

 

Vancouver ranked third most unaffordable housing market in the world

By Jill Slattery  Global News

Posted January 22, 2017 4:48 pm

 Updated January 24, 2017 2:10 pm

 2 min read

 

Vancouver has been once again ranked one of the least affordable housing markets in the world, according to an annual survey from Demographia.

It was the only Canadian city to crack the top 10 list, coming in third behind Hong Kong and Sydney, Australia out of 406 markets in the world.

This is the second year in a row Vancouver ranked third after hitting second place in 2015. The city has been ranked with the worst housing affordability in Canada in all previous Demographia surveys since 2004.

Demographia reported Vancouver’s year-over-year price growth was equal to a year of household income in the city. It also mentioned the city experienced a “modest” net domestic out-migration in 2016, meaning more people left the city than moved in.

The annual survey has been publishing data on world housing markets relative to household income since 2004, and noted Vancouver has experienced “the greatest housing market deterioration” among all major markets in the world, with its Median Multiple figure – a measure of housing affordability – more than doubling from 5.4 to 11.8 in that time.

 

In the fall of 2016, the UBS Global Real Estate Bubble Index ranked Vancouver with the world’s worst real estate bubble risk thanks to “stimulated Asian demand” and “loose credit conditions.”

READ MORE: B.C. real estate data show sharp decline in foreign investment after tax

Demographia says Toronto is not far behind Vancouver for growth in housing unaffordability, with the second-fastest growing unaffordability rate, going from 3.9 in 2004 to 7.7 in 2016.

READ MORE: Real estate trends 2017: Will Toronto prices catch up to Vancouver’s?

On the other side of the coin, cities on the east coast of the United States hit the mark for most affordable housing relative to household income.

 

Racine, Wisconsin is ranked the most affordable with a median home price of $104,000 and a median household income of $58,400. Behind it come Bay City, Michigan; Decatur, Illinois; Elmira, New York; and East Stroudsburg, Pennsylvania.

In Canada, Moncton, New Brunswick was the most affordable housing market with a median price of $134,900, followed by Fredericton and Saint John, New Brunswick. The only other B.C. cities on the list, Kelowna, Fraser Valley and Victoria were all named unaffordable.

https://globalnews.ca/news/3198292/vancouver-ranked-third-most-unaffordable-housing-market-in-the-world/

When have the Conservatives ever let a little thing like facts and figures get in the way? 

[CdnFox]

3 hours ago, Barquentine said:

Same old tired childish insults from a small minded insular mind.

Same old personal attacks whenever you realize you're wrong and can't actually make an argument  

Looks like we both know i'm right.    

[CdnFox]

1 hour ago, LinkSoul60 said:

You only have one mode of response don't you...  attack, tell the person they're having a mental meltdown, talk nonsense, and then claim you won the debate.

Wellllll, that would be during the parts where you are having a mental break down   If you didn't do that so much you wouldn't hear it so much.  But before that i lead with facts and reason.  That's what caused you to melt down. Soooooo....

 

Quote

Metro Vancouver was highly unaffordable for many in 2015, that's fact.  Don't take it personally Kiddo...

Nope. It was expensive but affordable. I've proven that with dozens of links dozens of charts and figures and other people have also provided links and figures to show that this is true.

But let's take a look at your latest attempts to deny the truth:

 

Quote

 

Vancouver ranked third most unaffordable housing market in the world

By Jill Slattery  Global News

Posted January 22, 2017 4:48 pm

 Updated January 24, 2017 2:10 pm

 

 

 

LOL so to prove how bad things were in 2015 you post an article from..... 2017!!!!!   LOLOLOL

 

Hey i was the first to say that things got worse under trudeau .  There's no doubt,  You've abosolutely got me there  LOLOLOL

 

But in 2015 things were expensive but affordable

 

I mean seriously how desperate and emotionally damaged do you have to be to try and sneak in an article from two years later to try desperately to prove your point when it's obviously not relevant

 

Absolutely, under Trudeau things got worse and they would keep getting worse until eventually across the entire country not only was housing unaffordable, but food was unaffordable and cars were unaffordable and just living your life was unaffordable

 

In 2015 in Vancouver people could still afford to live there on an average income. They can buy a house they can eat whatever food they wanted and raise a family. Nowadays that's gone out the window and that's due to the policies and behavior of the liberals over the last 11 years

 

But thanks for taking the time to prove my point that things got worse under the liberals  LOLOLOLOL !!!!  

You don't have much luck with this thinking stuff do you?

[WestCanMan]

2 hours ago, LinkSoul60 said:

Are you not capable of following the conversation, which is.... metro Vancouver was unaffordable for many in 2015.  So what about 2025... that's not the conversation. 

The EXACT conversation is that Canada is less affordable now than it was in 2015. That's it... The whole conversation.

Of course Metro Vancouver was unaffordable for some in 2015, because every place on earth is "unaffordable for some". That's life. 

Just understand this and then go your own way, Link:

• Due to a whole host of terrible LPoC policies, Canada is less affordable now than it was in 2015 for working people.

[CdnFox]

3 hours ago, WestCanMan said:

Of course Metro Vancouver was unaffordable for some in 2015, because every place on earth is "unaffordable for some". That's life. 

Yeah, @LinkSoul60 is just trying to change the goalposts again. He's lost this fight so many times over it isn't funny, so he keeps trying to change the parameters.  Now it isn't 2015, it's 2017.  And it's not just Greater Vancouver, it's Metro Vancouver. And it's not 'the average person', it's 'some' people 

This is an excellent case study in how absolutely twisted the left has become. I've provided numerous links showing it from every angle, average income per person average income per couple with children, dwellings for singles or couples vs dwellings for families, etc etc etc. 

And yet he carries on in the most absurd fashion. Absolutely delusional, absolutely irrational and completely unhinged and unwilling to accept basic facts 

And this is how they are with EVERYTHING now, 

[LinkSoul60]

7 hours ago, WestCanMan said:

The EXACT conversation is that Canada is less affordable now than it was in 2015. That's it... The whole conversation.

Of course Metro Vancouver was unaffordable for some in 2015, because every place on earth is "unaffordable for some". That's life. 

Just understand this and then go your own way, Link:

• Due to a whole host of terrible LPoC policies, Canada is less affordable now than it was in 2015 for working people.

FFS clown... try thinking for a change.

The convo was 'how unaffordable metro Vancouver was in 2015'.

[LinkSoul60]

3 hours ago, CdnFox said:

Yeah, @LinkSoul60 is just trying to change the goalposts again. He's lost this fight so many times over it isn't funny, so he keeps trying to change the parameters.  Now it isn't 2015, it's 2017.  And it's not just Greater Vancouver, it's Metro Vancouver. And it's not 'the average person', it's 'some' people 

This is an excellent case study in how absolutely twisted the left has become. I've provided numerous links showing it from every angle, average income per person average income per couple with children, dwellings for singles or couples vs dwellings for families, etc etc etc. 

And yet he carries on in the most absurd fashion. Absolutely delusional, absolutely irrational and completely unhinged and unwilling to accept basic facts 

And this is how they are with EVERYTHING now, 

Still waiting for ONE link to validate your position. Just ONE.

"Because I said so" doesn't work for anyone, except of course your right hand buddy WestCanFool.

And when you note 2017, you obviously didn't article, or just not able to comprehend what you read.

Just ONE link Kiddo... 

[CdnFox]

4 hours ago, LinkSoul60 said:

FFS clown... try thinking for a change.

 

But every time we do that, we lose you completely   

Quote

The convo was 'how unaffordable metro Vancouver was in 2015'.

No, that's what you're trying to turn it into now. 

The conversaation always was about whether the average person could afford vancouver in 2015 and the answer was yes. They could.  I proved that several times over. Housing was still at about the 30 percent of income range and the cost of groceries as a percent of income was much less, as was a bunch of other metrics. 

Today, not so much. 

 

[Barquentine]

19 hours ago, CdnFox said:

Looks like we both know i'm right.

Yep, you're a legend in your own mind, a Trumpian narcissist with no self awareness based in reality, a naked emperor parading like a peacock,  a puffed up c0ck who thinks he makes the sun rise every morning... Ok, your turn now. Underwhelm us again.

[WestCanMan]

13 hours ago, LinkSoul60 said:

FFS clown... try thinking for a change.

The convo was 'how unaffordable metro Vancouver was in 2015'.

Ret4rd.

Life in Canada has gone downhill quite a bit since 2015.

Edited May 13 by WestCanMan

[paxamericana]

1 hour ago, WestCanMan said:

Ret4rd.

Life in Canada has gone downhill quite a bit since 2015.

What’s that? You want to abandon ship? America has more work than it can handle. Agree to Puerto Rico status for a period of time and you get immediate fix to all your troubles.

https://finance.yahoo.com/economy/articles/most-vulnerable-ve-ever-ford-104500815.html

[LinkSoul60]

9 hours ago, CdnFox said:

But every time we do that, we lose you completely   

No, that's what you're trying to turn it into now. 

The conversaation always was about whether the average person could afford vancouver in 2015 and the answer was yes. They could.  I proved that several times over. Housing was still at about the 30 percent of income range and the cost of groceries as a percent of income was much less, as was a bunch of other metrics. 

Today, not so much. 

 

No Kiddo...  other than picking things out of your áss you've provided nothing to back up your comments, like not even one 😂  The good thing for you is that the depth of which you embarrass yourself on a regular basis can't go much lower, but none the less, you continue to try...  I've asked how many times now for you to provide a link to back-up your comments, but alas... the little fella can't do that 🤡

This back and forth has been simple (like your mind), Metro Vancouver was unaffordable in 2015 when your long gone hero was PM and openly courted Chinese investment that greatly contributed to record housing prices throughout Metro Vancouver, and Toronto.  Combine that with the fact housing supply didn't keep up with demand and the facts are what they are. Watching you run around in circles is laughable though, like most of your nonsensical comments. 🤡

Try reading this and let me know where you can find housing affordability in there 30% range, but to the original convo of Metro Vancouver affordability, try to comprehend what RBC said...which I doubt you're capable of.  

Look forward to seeing your typically uneducated reply 🤡

 

https://www.rbc.com/newsroom/_assets-custom/pdf/20160229-ha.pdf

Vancouver – Single-detached home affordability detached from reality?

The Vancouver area emerged as the hottest housing market in the country in 2015. Home resales soared by 28% to a new record high (more than 43,000 units), and prices jumped 11%, both representing the strongest gains anywhere in Canada. Much of Vancouver’s heat is concentrated in the single-detached home segments, where supply clearly falls well short of demand and prices increase the fastest (nearly 18% year over year in the fourth quarter of 2015 or triple the rate of 6% for condo apartments). With an average price exceeding $1.2 million, single-detached homes have long since slipped out of reach for the average local homebuyer. RBC’s measure for this category which is based on the median income of Vancouver-area households reached an astounding 109.0% in the fourth quarter of 2015, which was up by 4.3 percentage points from the previous quarter. This implies that only a select few wealthy households can afford to own such properties at market prices. Condo apartments, on the other hand, remain comparatively more affordable with a measure of 44.1% and, therefore, cater to a broader base of local buyers. Indeed, condo apartments claimed the highest share of existing home sales in the area in 2015 (42% of total). Given the extremely tight demand-supply conditions currently in place, affordability related pressures are unlikely to subside anytime soon in the area.

 

Local housing affordability trends continue to run in

opposite directions in Canada in Q4/15

□ Housing affordability trends still varied substantially across local markets and

housing categories in Canada in the fourth quarter of 2015.

□ There was marked erosion in the Vancouver-area and, to a lesser extent, To-

ronto-area markets, where rapid price increases further exacerbated already

poor affordability conditions, especially in the single-detached segments.

□ In fact, it has never been so unaffordable to own a single-detached home in

the Vancouver area.

□ Trends in other local markets remained generally constructive, with afforda-

bility levels either improving or fairly stable. Markets seeing some improve-

ment typically were areas experiencing soft resale activity and challenging

economic conditions.

□ Overall, housing affordability at the national level deteriorated slightly in the

final quarter of 2015. RBC’s measure for the aggregate of all housing types

rose by 0.6 percentage points to 46.7% (an increase represents deterioration

in affordability). Measures for the two main housing categories—single-

detached and condo apartments—both edged higher in the quarter.

□ Contrasting regional pictures are likely to persist in the near term. For Van-

couver and Toronto, this would intensify affordability-related stress for

homebuyers.

Vancouver and Toronto increasingly (dangerously) unaffordable...

A worrying side effect of the ongoing housing booms in Vancouver and Toron-

to continues to be sharp deterioration in affordability. Conditions in Vancouver,

in particular, show increasing signs of over-heating in single-detached segments

where home prices have skyrocketed in the past year. Owning a single-detached 

home at market prices in the Vancouver area clearly is out of reach for an

average household or for the vast majority of households for that matter. For-

tunately, owning a condo apartment is still within reach for many in the ar-

ea—and the only realistic option for first-time buyers—although, it too has

become slightly less affordable in the last two quarters. Similarly, single-

detached home affordability in Toronto continues to slip deeper into stressful

territory for homebuyers; however, conditions are not as extreme as they are

in Vancouver.

Modest deterioration at the national level

The significant rise in homeownership costs in Vancouver and Toronto had a

dominant influence on Canada-wide affordability measures in the fourth quar-

ter of 2015. RBC’s national aggregate measure rose by 0.6 percentage points

to 46.7%, the highest level in more than five years. The increase was broadly

based across housing categories, with the measure for single-detached homes

climbing by 0.6 percentage points to 51.3%, and condo apartments moving up

by 0.3 percentage points to 35.2%