Two new analyses of the housing market make clear, soaring prices of detached houses in Vancouver and Toronto are masking the reality that, for many Canadians, housing has actually become more affordable over the years, spurred by falling interest rates, steady income growth and a surge in condo construction.

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via TAMSIN MCMAHON – REAL ESTATE REPORTER
The Globe and Mail
Published Monday, Feb. 29, 2016 6:54PM EST