RBC doesn’t see Canada's housing markets going into 'free fall'

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Royal Bank of Canada’s Nadine Ahn described the bank’s mortgage book as healthy even as home prices buckle under the weight of higher interest rates and a possible recession. High immigration levels driving demand amid a supply crunch means the country will still be grappling with an imbalance.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.

GurpreetSSahota StephHughes95 When you bring 1.2 million immigrants in the country per year but not enough new construction.

StephHughes95 They might be right, but they have a vested interest in the market not free falling and convincing others it won't.

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RBC doesn’t see Canada's housing markets going into 'free fall'RBC\u0027s CFO says Canada’s real estate markets could be more resilient than people think. Find out more StephHughes95 They obviously have a financial interest in the market not crashing, so.... StephHughes95 Right. What they’re not telling u is the reason nominal house prices won’t totally collapse is because our loonie will dive and collapse itself. .60-65 best case by March 24. .55 not out of the question. Unless tiff grows a pair & raises to keep up. If he does house’s collapse
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RBC doesn’t see Canada's housing markets going into 'free fall'RBC\u0027s CFO says Canada’s real estate markets could be more resilient than people think. Find out more
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