GTA's housing recovery stalls as affordability issues and economic uncertainty persist, says RBC. Resales remain 25% below pre-pandemic levels....
Despite a dip in October GDP, RBC economists predict a soft landing, meaning continued borrowing challenges but no market collapse for GTA real estate....
RBC forecasts no BoC rate cuts until 2027, impacting GTA variable-rate mortgage holders. Expect stability followed by a potential rate hike, influencing your real estate decisions....
RBC report reveals Toronto's housing market is lagging behind the national rebound, facing stalled sales, high inventory, and declining prices. Find out why!...