TORONTO — 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 number of homes changing hands is running below pre-pandemic levels in most regions of the country," Hogue said. Property values also fell in Toronto and Vancouver, as Hogue said the trend towards reversing some of the outsized price gains will likely continue in the short term.
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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 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 »
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 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, B.C. headed for buyer’s market despite high interest rates: RBC housing report | Globalnews.caCanada's big banks have raised their interest rates as the Bank of Canada has raised its key interest rate seven times since March in an effort to bring inflation under control. That headline doesn’t make sense 😂, higher rates lead to lower prices
Source: GlobalNational - 🏆 81. / 51 Read more »