Published 1 year ago

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

Summary by Ground News

High interest rates will continue to hold back homebuyers into the new year. RBC says those purchasing real estate in Ontario and B.C. in 2023 will hold a stronger hand. The Bank of Canada has raised its key interest rate seven times since March in an effort to bring inflation under control.

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CTV News

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

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.

1 year ago·Canada

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Global News

Ontario, B.C. headed for buyer’s market despite high interest rates: RBC housing report

Canada'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.

1 year ago·Toronto, Canada

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Winnipeg Free Press

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

TORONTO – A new report says high interest rates will continue to hold back homebuyers into the new year except in Ontario and British Columbia. The report by RBC says […]

1 year ago·Winnipeg, Canada

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Financial Post

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

Conditions in these provinces continue to favour buyers as opposed to sellers.

1 year ago·Canada

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The Toronto Star

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

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 say...

1 year ago·Toronto, Canada

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The Epoch Times

Ontario and British Columbia Headed for a Buyer's Market, RBC Says

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…

1 year ago·New York, United States

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