{"id":6,"date":"2026-09-04T11:00:00","date_gmt":"2026-09-04T11:00:00","guid":{"rendered":"http:\/\/blogs.room-vu.com\/saundersrealty-ca\/2026\/09\/04\/falling-home-prices-drive-record-10th-straight-quarter-of-affordability-gains\/"},"modified":"2026-09-04T11:00:00","modified_gmt":"2026-09-04T11:00:00","slug":"falling-home-prices-drive-record-10th-straight-quarter-of-affordability-gains","status":"publish","type":"post","link":"https:\/\/www.saundersrealty.ca\/blog\/2026\/09\/04\/falling-home-prices-drive-record-10th-straight-quarter-of-affordability-gains\/","title":{"rendered":"Falling home prices drive record 10th straight quarter of affordability gains"},"content":{"rendered":"<div class=\"roomvu-news-container\">\n<p>Housing affordability improved for the 10th consecutive quarter as falling home prices offset rising mortgage rates, with mortgage payments on a representative home dropping to 51.1% of median income. This improvement shifted from rate-driven to price-driven, especially in Vancouver and Toronto. Despite gains, affordability remains below historical norms nationwide, with Vancouver the least affordable. Future improvements depend on income growth and controlled home-price increases.<\/p>\n<p>\t<a class=\"roomvu-news-continue\" href=\"https:\/\/news.google.com\/rss\/articles\/CBMiwwFBVV95cUxQSXBuMUZ5dkZid19qUF9CUGVaUFBCTDQ5NkxTdVpLemc0MVlPelNQZElFeVFDQzdIY25FXzdtRkFkTlRnMjhuODlWX1VEVUQxRkhrWkRTUmFPa0NkZi1ZWEVrRUtzeVdvRWlLdFZ1VVRVMGE0VlBQcFpHUWJIU3hrZkE4WV9mQWlxQXFkOU1WMWp0ZTE5MUctejl3TGktUTBGbXBRTHRDcjBsTmJ2dzM2eTJENXNVVG9mWkFUc3dIM08xczA?oc=5&#038;hl=en-US&#038;gl=US&#038;ceid=US:en\"><\/p>\n<div>Continue to full article<\/div>\n<p>\t<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Housing affordability improved for the 10th consecutive quarter as falling home prices offset rising mortgage rates, with mortgage payments on a representative home dropping to 51.1% of median income. This improvement shifted from rate-driven to price-driven, especially in Vancouver and Toronto. Despite gains, affordability remains below historical norms nationwide, with Vancouver the least affordable. Future [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":25,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.saundersrealty.ca\/blog\/wp-json\/wp\/v2\/posts\/6","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.saundersrealty.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.saundersrealty.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.saundersrealty.ca\/blog\/wp-json\/wp\/v2\/comments?post=6"}],"version-history":[{"count":0,"href":"https:\/\/www.saundersrealty.ca\/blog\/wp-json\/wp\/v2\/posts\/6\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.saundersrealty.ca\/blog\/wp-json\/wp\/v2\/media\/25"}],"wp:attachment":[{"href":"https:\/\/www.saundersrealty.ca\/blog\/wp-json\/wp\/v2\/media?parent=6"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.saundersrealty.ca\/blog\/wp-json\/wp\/v2\/categories?post=6"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.saundersrealty.ca\/blog\/wp-json\/wp\/v2\/tags?post=6"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}