Ontario and British Columbia headed for a buyer's market, RBC says

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A new report says high interest rates will continue to hold back homebuyers into the new year except in Ontario and British Columbia.

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The report by RBC says those purchasing real estate in Ontario and B.C. in 2023 will hold a stronger hand as conditions in these provinces continue to favour buyers as opposed to sellers.As the Canadian national soccer teams head to their respective FIFA World Cups, Derek Van Diest is on the scene to cover all the action. Expect expert insights and analysis in your inbox daily throughout the tournaments, and weekly on Thursdays for the rest of the season.

 

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Didn’t BC just enact UNDRIP? Meaning it’s foolish to purchase land as it’ll be confiscated?

Media and banks working as real estate agents, don't care about Canadian rather than commission

If Trudeau interest rates keep climbing it will be a repo market

That’s still a year or two away… The big crash to come by Q3, 2023

You can't legislate against supply and demand. In Ontario, there is nothing for sale.

It's about time. It's been out of control far too long.

Is that code for bring on the dirty 💰

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British Columbia and Ontario headed for a buyer's market, RBC saysA new report says high interest rates will continue to hold back homebuyers into the new year except in British Columbia and Ontario.
Source: CHEK_News - 🏆 59. / 55 Read more »

Ontario and British Columbia headed for a buyer's market, RBC says - BNN BloombergA new report says high interest rates will continue to hold back homebuyers into the new year except in Ontario and British Columbia. Lots of that cash is coming from illegal sources, laundering narcotics proceeds etc. Also, there's an initiative to just displace Canadians, buy houses leave em empty causing social distress. Housing is a fraud riddled market that's completely ignored as a fault. I hope this will lower my property tax
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Ontario and British Columbia headed for a buyer's market, RBC saysTORONTO — High interest rates will continue to hold back homebuyers into the new year, except in Ontario and British Columbia, a new report by RBC says. The report released Thursday said those purchasing real estate in Ontario and B.C. in 2023 will hold a stronger hand as conditions in these provinces continue to favour buyers as opposed to sellers. In the report, Robert Hogue, assistant chief economist for RBC, said nationwide real estate conditions look reasonably stable with sales-to-new list
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Ontario and British Columbia headed for a buyer's market, RBC saysA new report says high interest rates will continue to hold back homebuyers into the new year except in Ontario and British Columbia. Hahaha. where is the link to the report Maybe…
Source: VancouverSun - 🏆 49. / 61 Read more »

Ontario and British Columbia headed for a buyer's market, RBC saysConditions in these provinces continue to favour buyers as opposed to sellers. Ha, I'll believe it when I see it. Times looking good 📉📈🎯 Everyone let's start a culture of destroying the terrible asking proces by underbidding. Things have gotten too out of hand due to greed and profiteering.
Source: VancouverSun - 🏆 49. / 61 Read more »

Ontario and British Columbia headed for a buyer's market, RBC saysHigh interest rates will continue to hold back homebuyers into the new year, except in Ontario and British Columbia, a new report by RBC says. Already there... Just in time for 400,000 immigrants and more money fleeing China. I’m sure the kids will def be able to own now.
Source: CTVNews - 🏆 1. / 99 Read more »