Housing market will see 'staggered' return of buyers and inventory: RBC

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

Property Property Headlines News

Property Property Latest News,Property Property Headlines

Economist believes it will take a series of rate cuts before many are ready to take the plunge

will need to come down substantially before they get the “green signal,” Hogue said in a recent interview with the Financial Post’s Larysa Harapyn.“We’re likely to see a bit more activity going forward, but more of a gradual ramp-up as opposed to a sharp snap-back this spring,” he said.

“A key dynamic we’ve been watching this year has been the reluctance of some homeowners to list their homes given that mortgage rates are the highest they’ve been in over 10 years,” Andrew Lis, GVR’s director of economics and data analytics, said in an interview with the Financial Post’s Shantaé Campbell.have started to stabilize.

Italy’s one-euro-home sales have attracted interest in recent few years, but towns like Patrica, located south of Rome, have struggled to offload their empty homes. A Mom Allegedly Left 1-Year-Old in Abandoned House and Made Tearful Discovery Upon Returning 10 Years Later

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in PROPERTY

Property Property Latest News, Property Property Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Canadian renters spend more of their income on housing costs compared with homeowners: RBC economistRenters face daunting barriers in their attempts to build wealth as they're forced to devote an increasing share of their income to keeping a roof over their head, said an RBC report out Thursday.
Source: CP24 - 🏆 30. / 67 Read more »

Housing market accelerates recovery with jump in housing startsHousing starts rebounded in February, surging by 10.7%— signaling a recovery in the housing market. This resurgence was primarily driven by single-family...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

February housing starts increased 14% from January: Canada Mortgage and Housing CorpOTTAWA — The pace of home construction rose in February as builders started on more apartments and condos, but the industry continues to struggle under cost ...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

February housing starts increased 14% from January: Canada Mortgage and Housing CorpCanada Mortgage and Housing Corp. says the annual pace of housing starts in February climbed 14 per cent compared with January.
Source: CTVNews - 🏆 1. / 99 Read more »