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Canada’s core inflation rate rose beyond the Bank of Canada’s expectations to 2.1% from 2%, however the central bank is unlikely to move up its target date for raising interest rates, noted a top economist.
As we have heard from the Bank of Canada, higher inflation could bring about the Bank to raise the trend setting [...]
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Atlantic Canada continues to have the most affordable housing markets in Canada, after experiencing relatively modest increases in homeownership costs during the 3rd quarter noted the latest quarterly housing report released on November 25th, 2009 by RBC Economics.
The RBC Affordability measure for Atlantic Canada captures the proportion of pre-tax household income needed to service the [...]
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Manitoba’s housing market remains relatively affordable despite a rise in homeownership costs for the first time since 2008, according to the latest quarterly housing report released on November 25th, 2009 by RBC Economics.
The report by RBC Economics noted that the expected resurgence in Manitoba’s economy, along with an upswing in job growth should help keep [...]
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Pushed by a stronger housing resale activity, the cost of owning a home in Saskatchewan became slightly more expensive in the third quarter, according to the latest housing report released on November 25th, 2009 by RBC Economics Research.
Robert Hogue, senior economist at RBC noted that with steady and substantial improvements over the past year, housing [...]
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Alberta has had a long string of improvements in housing affordability which ended in the third quarter as homeownership cost deteriorated for the first time since the winter of 207 according to the latest housing report released on November 25th, 2009 by RBC Economics.
The RBC Affordability measure for Alberta captures the proportion of pre-tax household [...]
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The cost of homeownership in Canada has become more expensive in the third quarter according to a report by RBC Economics Research.
Royal Bank of Canada (RBC) noted that this has not happened since the spring of 2008, and that was due to a slight rise in mortgage rates and higher property values.
The RBC index measures [...]
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There have been moderate changes in Manitoba’s housing affordability over the second quarter. It suggests that it is at a turning point, according to the latest housing report which was released on September 9th by RBC Economics.
Senior Economist at RBC, Robert Hogue noted that the resale activity ramped up in the spring and summer, while [...]
