Royal Bank of Canada Remains Resilient Despite Housing Market Risks

Royal Bank of Canada Remains Resilient Despite Housing Market Risks

Royal Bank of Canada (RY) topped analyst estimates in Q2 amid strong lending growth and a further release of COVID-19 loan loss provisions. Read more here.
18 hours ago
from: Seeking Alpha

Continue reading...
Canada, Housing, Real estate economics
More about this
- Bottom still a ways away for Canada's housing market
Formerly overheating markets in Ontario and parts of the BC Lower Mainland have been the epicentre of the downturn to date. - RBC Economics.
from: RBC Thought Leadership -
- “The Bottom is Likely Many Months Away”: Home Prices to Keep Falling into 2023
Home prices could be a long way from their bottom as interest rates are set to rise higher, writes a prominent bank economist.
from: Storeys
- Home-Price Skid Hits Four Months Amid Steep Bank of Canada Rate Hikes
Canada's real-estate correction deepened, with prices falling for a fourth straight month as the central bank ratchets up interest rates.
from: Bloomberg
- Royal Bank of Canada Remains Resilient Despite Housing Market Risks
Royal Bank of Canada (RY) topped analyst estimates in Q2 amid strong lending growth and a further release of COVID-19 loan loss provisions. Read more here.
from: Seeking Alpha
- Bottom still a ways away for Canada's housing market
Formerly overheating markets in Ontario and parts of the BC Lower Mainland have been the epicentre of the downturn to date. - RBC Economics.
from: RBC Thought Leadership -
- “The Bottom is Likely Many Months Away”: Home Prices to Keep Falling into 2023
Home prices could be a long way from their bottom as interest rates are set to rise higher, writes a prominent bank economist.
from: Storeys
- Home-Price Skid Hits Four Months Amid Steep Bank of Canada Rate Hikes
Canada's real-estate correction deepened, with prices falling for a fourth straight month as the central bank ratchets up interest rates.
from: Bloomberg
- Bottom still a ways away for Canada's housing market
Formerly overheating markets in Ontario and parts of the BC Lower Mainland have been the epicentre of the downturn to date. - RBC Economics.
from: RBC Thought Leadership -
- Home-Price Skid Hits Four Months Amid Steep Bank of Canada Rate Hikes
Canada's real-estate correction deepened, with prices falling for a fourth straight month as the central bank ratchets up interest rates.
from: Bloomberg
- Royal Bank of Canada Remains Resilient Despite Housing Market Risks
Royal Bank of Canada (RY) topped analyst estimates in Q2 amid strong lending growth and a further release of COVID-19 loan loss provisions. Read more here.
from: Seeking Alpha
- Canadian Housing Affordability Hits Worst Level In 30 Years
New data from the Bank of Canada found that the country's Housing Affordability Index (HAI), a measure of a household's disposable income that is put towards housing-related expenses, jumped up to 42.8% during the first quarter of 2022.
from: Storeys