There have been a few changes to RBC mortgages. We are in the process of moving our mortgage to another lender.
1. If you are refinancing with them they seem to have an internal cap of 60% LTV on properties over 1M. They tie up your main asset, and then do not allow you to access the increased...
Not surprisingly, buyers were out in full force at the end of 2017 with the incoming mortgage rules set for 2018. December also saw an increase in sellers as new listings rose solidly by 3.3% from November and 12.6% from a year ago.
For the full report click here...
RBC Economics Research released it's monthly housing market update and according to them it was all about continuity in Canada. While this gives more of an over-arching update, specific regions in each province (and in some cases it comes down to neighbourhood) may perform differently so as...
RBC Economics Research has released their monthly housing market update.
Highlights of the report:
· Today’s statistics provided more evidence that Canada’s housing market isn’t falling apart.
· Home resales rose modestly for the second-straight month in September, led by gains in Vancouver...
See what is trending in the Vancouver and Toronto housing market from RBC Senior Economist Robert Hogue.
http://www.rbc.com/economics/economic-reports/pdf/canadian-housing/TREB_REBGV_results_sep2017.pdf
See what is trending for the Toronto housing market from RBC`s Senior Economist Robert Hogue
http://www.rbc.com/economics/economic-reports/pdf/canadian-housing/TREB_REBGV_results_sep2017.pdf
RBC released their monthly housing market update entitled
"Home resale activity finds its footing in August; price pressures continue to ease".
Highlights of the report:
· Canada’s housing market isn’t becoming unhinged. Data for August, in fact, provided hints that the ongoing correction may...
With numbers for August now available, RBC's Senior Economist reports on Toronto's housing market, how it's shaping up since the beginning of the year and what they're seeing ahead.
http://www.rbc.com/economics/economic-reports/pdf/canadian-housing/TREB_REBGV_results_august2017.pdf
