Saving for a downpayment has never been harder for Canadian homebuyers: National Bank | LIVABL
February 04, 2021, by Sean MacKay According to the National Bank of Canada’s Housing Affordability Monitor, it currently takes a household earning the country’s median income 60 months — or five years — at a savings rate of 10% to reach even the minimum downpayment on a typical Canadian home. What makes the current situation…