Albertans lead with confidence
Nearly nine-in-10 Albertans (89%) surveyed say buying a house or condo is a good investment, higher than the national average (84%), even as home buying intentions have dropped from a year ago (22%, compared with 31%), according to the 20th Annual RBC Homeownership Poll.
"It's no surprise that some Albertans are re-thinking their decision to buy a home, given the regulatory changes regarding mortgage rules and economic challenges in the past year," said Don Peard, vice-president, Mortgage Specialists, RBC. "The good news is that the majority of Albertan home-ow ners are confident in their real estate investments and their ability to manage mortgage debt."
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