Real estate market: Definitions

Bank of Canada. Real estate market: Definitions: Definitions.

Type

Web resource

Intellectual base

Web

Link

https://www.bankofcanada.ca/rates/indicators/capacity-and-inflation-pressures/real-estate-market-definitions/

Cited by

1 citation across 1 artifact.

Domain-specific

• Housing Affordability Index
  • … above 100 indicate greater modeled purchasing capacity, and the calculation assumes a 20 percent down payment and a 25 percent qualifying ratio. The Bank of Canada instead publishes a ratio of representative housing-related costs to average household disposable income, so higher values mean less affordability.

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