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Stock impact report

Affordability pressure easing nationally but remains high across major centres [Globe and Mail, The (Toronto, Canada)]

Cabot Corporation (CBT) 
Last cabot corporation earnings: 2/3 04:16 pm Check Earnings Report
US:NYSE Investor Relations: cabotog.com/investors
that while affordability pressures have eased at the national level since 2023, they remain near historic highs in several major centres. This includes Ottawa, Montréal and Halifax, further reinforcing that Canada's housing affordability challenges extend well beyond Toronto and Vancouver. CMHC's HACI adds to previous housing affordability indexes, many of which focus on a single indicator or solely on homeownership, overlooking rental housing and the potential interactions between the rental and homeownership markets. Combined with CMHC's market intelligence, the index provides a fuller picture of affordability, with insights into whether incomes are keeping pace with housing costs, if there is enough supply to meet demand, and whether households have income left over after paying for the essentials. The HACI provides additional insight into how housing affordability is shaped across Canada, helping identify where pressures are strongest and what housing is needed. Quote: "Affo Show less Read more
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