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Home affordability improves, but still challenging for many Canadians: RBC report

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Summary
Nutrition label

76% Informative

A new report from RBC Economics says home affordability in Canada is improving, though strains remain.

Vancouver , Victoria and Toronto saw the largest gains in home affordability when compared with other Canadian markets.

RBC says it expects further relief in 2025 , thanks to anticipated rate cuts by the Bank of Canada .

VR Score

85

Informative language

88

Neutral language

81

Article tone

formal

Language

English

Language complexity

48

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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no external sources

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no sources

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