TORONTO (CU)_In most developed countries across the globe, housing affordability has reached a record low, and the situation in Canada has been no different. With price pressures continuing on an upward trend, consumers are struggling to meet their monthly bills, and a recent report paints a “grim” outlook for home buyers in the country, as cost of home ownership has during the third quarter of this year.
According to figures published by RBC Economics, aggregate home ownership costs…