Edmonton Housing Market Affordable
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higher mortgage rateedmontonjournal
•Business
Business & Economics
Edmonton leads major cities for housing affordability
75% Informative
A new study shows Edmonton 's housing market is among the most affordable in Canada .
The study compared median income with the income needed to qualify for a mortgage for the average priced home under the federal stress test.
Today , rates are below four per cent for five-year fixed mortgages, boosting purchasing power in Edmonton .
VR Score
83
Informative language
85
Neutral language
47
Article tone
formal
Language
English
Language complexity
42
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
9