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Half of Canada's Major Housing Markets are Marketed as "Unaffordable"

Half of Canada's major housing markets are marketed as "unaffordable". Within seven key markets; Greater Vancouver, Toronto, Hamilton-Burlington, Kitchener-Waterloo, London-St.Thomas; it is not easy to qualify for a mortgage with the average salary being earned, according to Zoocasa. The only way buyers can qualify for the required mortgage would be from a substantial downpayment.


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