cover image: Housing affordability improves : Série sur le logement selon les données du recensement de 2001. Issue 1, Amélioration sur le plan de l'abordabilité du logement

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Housing affordability improves : Série sur le logement selon les données du recensement de 2001. Issue 1, Amélioration sur le plan de l'abordabilité du logement

6 Dec 2006

In 2001, 20.8% of the 10.8 million households examined were spending Households experiencing the greatest improvements in more than the affordability benchmark, compared to affordability from 1996 to 2001 lived in the Yukon, 22.2% in 1996 and 20.0% in 1991. [...] The proportion of owner households spending 30% example, between 1996 and 2001 the proportion of or more of before tax income on shelter rose from households spending more than the affordability 13.8% in 1991 to 14.2% in 1996, then fell to 13.9% in benchmark decreased in all Québec Census Metropolitan 2001. [...] In the remaining CMAs, the proportion of total For owner households, the proportion spending 30% or households spending more than the affordability more of income on shelter rose in eleven CMAs, but in benchmark on shelter generally either fell or was most cases the increase was relatively marginal. [...] In 2001, 82.6% of households with Table 2: Households Spending 30% or More of Income on Shelter by Income Group, Canada 2001 Owners + Renters Owners Renters Income Shelter Cost-to-Income # % of All % of # % of All % of # % of All % of Ratio (STIR) Households Income Households Income Households Income Group Group Group All Households Total* 10,803,340 100.0% 100.0% 7,228,725 100.0% 100.0% 3,574,615 [...] Income and shelter cost trends reflect broader economic trends The increase from 1991 to 1996 in the proportion of households spending 30% or more on shelter and the decrease from 1996 to 2001 paralleled general economic conditions.
politics economy finance housing consumer price index housing surveys investments prices census mortgage affordable housing housing affordability cpi affordable canada mortgage and housing corporation census geographic units of canada affordable housing in canada cmhc adjusted for inflation nominal real real versus nominal value (economics) prairie

Authors

Engeland, John

Pages
10
Published in
Canada

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