Housing market

Decorative pattern

Economic Indicators

Canada’s GDP will grow by 2.6%: RBC

Canada's economic growth was subdued in the Q1 2012, but is expected to gain ground, says the latest RBC Economic Outlook.

By Staff |June 12, 2012

4 min read

Decorative pattern

Industry

Housing and mortgage markets are stable

Risk management, proprietary lending criteria and operational efficiencies will boost the performance of [residential mortgage financing companies], said Home Capital Group at its inaugural Investor Day held yesterday.

June 7, 2012

2 min read

Decorative pattern

Economic Indicators

Canada’s houses too expensive: RBC

Canada’s housing affordability has deteriorated in the early months of 2012, after two consecutive quarters of encouraging improvements, says the latest Housing Trends and Affordability Report by RBC Economics Research. Vigorous homebuyer demand pushed home prices higher during Q1 2012, driving up the costs of owning a home in Canada. “It became a little tougher […]

May 30, 2012

3 min read

Decorative pattern

Industry

Housing crash? So what

A debt-rating agency, DBRS, conducted a ‘worst case scenario’ study, which indicates Canadian households could tolerate a 40% drop in housing prices without having to default on their mortgages. Policy makers are increasingly concerned about what could happen if the record low interest rates began to rise or similarly staggering housing prices began to fall. […]

By Martha Porado |May 26, 2012

1 min read