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housing affordabilityGlobal News
•77% Informative
National Bank of Canada tracks housing affordability in 10 major urban markets.
The mortgage payment on a representative home as a percentage of income ( MPPI ) fell 1.3 percentage points to 56.6 per cent in the third quarter .
Vancouver saw the biggest affordability improvements, but the city remains the least affordable overall.
Toronto 's affordability levels reached their best levels since the first quarter of 2022 .
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