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RBC Poll: Home Buying Intentions Gaining Momentum

Mar 10, 2010 12:49 -

A recent Royal Bank of Canada (RBC) poll showed that homebuying momentum in Canada continues to gain momentum with the portion of Canadians who are likely to purchase a home within the next two years rising to 10%.
This data is according to the 17th Annual RBC Homeownership Study; it shows that younger Canadians, aged 18-24 [...]

RBC Survey: Canadians Feel National Outlook Will Improve

Jan 4, 2010 8:00 -

New research by the Royal Bank of Canada (RBC) suggests that recession weary Canadians are divided on the future of the country’s economy; however there is much more hope for the year ahead.
According to the data, 60% of people across Canada feel that the national economy will improve in 2010 after 2009 being spent in [...]

Lending Cost Going up in Late 2010

Dec 15, 2009 7:55 -

The Royal Bank of Canada (RBC) expects that Canadians being hit by higher interest rates in the second half of 2010 and in 2011.
RBC economists note that the Bank of Canada will be among the group of central banks to more off floor low rate with the Canadian bank’s overnight rate finishing 2010 at 1.25%.
RBC [...]

Consumers Not Big On Spending Large

Dec 2, 2009 9:06 -

On December 1st, 2009, RBC established a new monthly benchmark index- the most comprehensive consumer index in Canada, which described Canadian consumers’ assessment of the economy and their personal financial situation.
The RBC Canadian Consumer Outlook report found that 62% of Canadians expect to see the Canadian economy improve over the next year, whereas only 14% [...]

Affordabiltiy Increases, Now What?

Dec 1, 2009 8:23 -

In the latest report by RBC Economics Research, we found that affordability had increased across the country.
For the province of Alberta, this is no exception.
Affordability has increased, however you can take one positive fact from all of this, and that is the reason for affordability to have increased is due to the increased activity in [...]

RBC Economics: Atlantic Canada Ranks Among the Most Affordable

Nov 27, 2009 11:53 -

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 [...]

RBC Economics: Affordability Lowers in Quebec

Nov 27, 2009 10:00 -

Quebec’s homeownership costs were pushed upward for the first time in more than a year during the third quarter of 2009 due to an invigorated housing market noted the latest quarterly housing report released on November 25th, 2009 by RBC Economics.
The RBC Affordability measure for Quebec captures the proportion of pre-tax household income needed to [...]

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