Royal Bank of Canada published this affordability chart.

I am not much of a chartist but it certainly looks like it is heading down.

I think Canadian market will have a hard down sometime after 2028.

Thank you Trudeau!

RBC RE Afford

Someone posted this RE to Gold Ratio chart.

Homes in the USA are at an all time low priced in Gold ounces (at 125 ounces for a home).

Incredibly, the RE market is in a down turn and Gold has lots of room to grow.

If gold doubles and homes drop another 25%, the Ratio could drop to an all time low below 50… Insane!

RE AU