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House prices keep going up but they are more affordable thanks to cheap debt

House prices keep going up in most parts of the country but affordability improved last quarter, according to one of the country’s major banks. Royal Bank of Canada chalked up the apparent discrepancy to mortgage rates, which continue to hover near all-time lows and have reduced interest costs. “It was more affordable to own a home…

House prices keep going up but they are more affordable thanks to cheap debt

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