North America | Affordable housing will get increasingly harder to find
Our new North America Housing Affordability Indices (HAIs) show affordability improved across the region early in the pandemic but will fall as home price inflation outpaces income growth and rising mortgage rates limit borrowing capacity. Our HAIs provide a consistent, cross-country framework for gauging affordability in the US and Canada at the national, regional, and local levels.
What you will learn in this comprehensive 4 page report:
- Housing affordability will fall in the US and Canada in 2021 and 2022
- Housing demand is meaningfully outpacing the stock of homes for sale
- Housing is least affordable in Vancouver, Toronto, and several US West Coast metros
Tags:
Related Services

Post
BoK’s monetary policy to tighten even as hiking cycle ends
Even without rate hikes, central banks' monetary policies can effectively tighten if the nominal neutral rate falls below the policy rate. We expect this will be the case for the Bank of Korea this year, as the gap between the policy rate and the nominal neutral rate widens.
Find Out More
Post
Why China isn’t about to save the world economy
The earlier and faster than expected ending of zero-Covid restrictions in China bodes well for the global economy and adds to the recent run of positive news.
Find Out More