Playing with affordability
This post is 2 years old. The data and my views may have since evolved.We know that there’s been no relief in affordability lately. After staying relatively steady for a year as prices fell in...
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For the term "affordability".
What’s going on with condo affordability?
This post is 3 years old. The data and my views may have since evolved.We know that single detached affordability will get worse and worse over the long run simply because houses will get more...
Will income gains fix affordability?
This post is 3 years old. The data and my views may have since evolved.We know that despite price declines in the past year, affordability of real estate in Victoria has not improved. High rates...
What would it take to get affordability back?
This post is 3 years old. The data and my views may have since evolved.Well after that brief and exciting diversion to local politics, its back to housing analytics. However stay tuned for a future...
No gain in affordability, but conditions have improved
This post is 4 years old. The data and my views may have since evolved.Last September the median detached house sold for $1,093,750, which at an average 2.3% mortgage rate and 20% down cost $3840...
High frequency (un)affordability
This post is 4 years old. The data and my views may have since evolved.I’ve talked about affordability a lot on this blog, most recently a few weeks ago when I looked at the relationship...
Poor affordability continues to drag on the market
This post is 4 years old. The data and my views may have since evolved.Just a few months ago, I observed that affordability, especially for single family homes, was outside of historical ranges, somewhere beyond...
Exploring scenarios for future affordability
This post is 4 years old. The data and my views may have since evolved.We know that rising prices have led to severely deteriorated affordability, with especially detached properties breaking out of the historical ranges...
Affordability cracks long term trends
This post is 4 years old. The data and my views may have since evolved.I’ve been checking in on affordability regularly as prices continue to escalate, as it’s been correlated with future price movements in...
A different way to look at affordability
This post is 5 years old. The data and my views may have since evolved.I often talk about and measure affordability on this blog for a few reasons. It’s the one metric that very clearly...