{"id":48,"date":"2026-10-03T16:00:00","date_gmt":"2026-10-03T16:00:00","guid":{"rendered":"https:\/\/www.susiduring.ca\/blog\/?p=48"},"modified":"2026-10-03T16:00:00","modified_gmt":"2026-10-03T16:00:00","slug":"canadian-housing-affordability-still-needs-improvement","status":"publish","type":"post","link":"https:\/\/www.susiduring.ca\/blog\/2026\/10\/03\/canadian-housing-affordability-still-needs-improvement\/","title":{"rendered":"Canadian Housing Affordability Still Needs Improvement"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\" src=\"https:\/\/www.roomvu.com\/agent\/embed\/susi-during\/canadian-home-prices-remotion-videos-5504\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>As someone who\u2019s worked in Shuswap real estate for over 25 years, I\u2019ve seen first-hand how affordability ebbs and flows. Canada\u2019s latest affordability reading reached around 41% in Q2 2026\u2014marking the 11th straight quarter of improvement. Lower prices, reduced borrowing costs, and rising incomes have all contributed. Yet, even with about 13 percentage points of progress since the recent peak, owning a home remains challenging for many, with housing still taking up roughly two-fifths of the average household\u2019s income. It\u2019s important to note that this measure uses average disposable income, not median\u2014so it may not fully capture what many families are experiencing on the ground. According to a bank economist, the reset we\u2019ve seen comes from earlier rate cuts, a 20% drop in national prices since 2022, and stronger personal incomes. Looking ahead, modest income growth and only limited relief from interest rates mean that further adjustment may have to come from home prices themselves. In my experience guiding clients through changing markets in Salmon Arm, Sicamous, and the wider Shuswap, understanding these shifts is key to making thoughtful decisions.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>As someone who\u2019s worked in Shuswap real estate for over 25 years, I\u2019ve seen first-hand how affordability ebbs and flows. Canada\u2019s latest affordability reading reached around 41% in Q2 2026\u2014marking the 11th straight quarter of improvement. Lower prices, reduced borrowing costs, and rising incomes have all contributed. Yet, even with about 13 percentage points of [&hellip;]<\/p>\n","protected":false},"author":392,"featured_media":49,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-48","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.susiduring.ca\/blog\/wp-json\/wp\/v2\/posts\/48","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.susiduring.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.susiduring.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.susiduring.ca\/blog\/wp-json\/wp\/v2\/users\/392"}],"replies":[{"embeddable":true,"href":"https:\/\/www.susiduring.ca\/blog\/wp-json\/wp\/v2\/comments?post=48"}],"version-history":[{"count":1,"href":"https:\/\/www.susiduring.ca\/blog\/wp-json\/wp\/v2\/posts\/48\/revisions"}],"predecessor-version":[{"id":50,"href":"https:\/\/www.susiduring.ca\/blog\/wp-json\/wp\/v2\/posts\/48\/revisions\/50"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.susiduring.ca\/blog\/wp-json\/wp\/v2\/media\/49"}],"wp:attachment":[{"href":"https:\/\/www.susiduring.ca\/blog\/wp-json\/wp\/v2\/media?parent=48"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.susiduring.ca\/blog\/wp-json\/wp\/v2\/categories?post=48"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.susiduring.ca\/blog\/wp-json\/wp\/v2\/tags?post=48"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}