Sentiments have soured significantly across Canada’s housing markets, with sales and prices edging lower as high interest rates keep buyers on the sidelines. But despite the slowdown, economists warn an improvement in affordability is not on the horizon. Home sales have been on the decline since the Bank of Canada

It’s no secret that owning a home in Canadian cities has become increasingly out of reach. Adding insult to injury is the fact that sky-high rent prices in many cities make it difficult to save to become a homeowner — rents can cost more than some monthly mortgage payments.   Throw in climbing interest rates and