Tag: British Columbia Articles
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B.C. Posts Record Deficit in the Wake of COVID-19
July 16, 2020 Despite a significant deficit, B.C. still has one of the lowest debt burdens in Canada. RBC Economics believes it's well-positioned to weather the storm.Home Buyers and Sellers Play Catch-up in June
July 7, 2020 Home resales rose sharply between May and June as pent-up demand and an influx of new listings drove the increase.Recent Housing Affordability Loss May Prove Temporary
June 25, 2020 Canadian housing affordability could improve as home prices fall and interest rates lower, finds RBC Economics in its latest Housing Trends and Affordability report.Reopening of Provincial Economies: Different Speed, Scale and Outcomes
June 10, 2020 The pace of the recovery will be uneven across the country and reopening process will set the stage for a meaningful economic recovery.Home Buyers and Sellers Returned to the Market in May
June 3, 2020 Home resales picked up from April's generational lows and the increased activity in May is the first step on a long road to recovery finds RBC Economics.Canada’s Housing Market Mostly Shut down in April—can Only Pick up from Here
May 15, 2020 Home resales tumbled to a generational low, says RBC Economics; however, the housing market is entering the recovery phase.Let the Recovery Begin (Please)!
May 11, 2020 RBC Economics projects provincial recessions ranging from -4.8% to -11.2% in 2020; however, the good news is the recovery phase is upon us.Super Quiet April in Housing Market Could Be the Cyclical Low Point
May 5, 2020 COVID-19 disrupted housing market activity in April, says RBC Economics. Home resales plummeted and prices generally held up.Pandemic to Spill Red Ink All over Provinces’ Books
April 27, 2020 Provincial deficits to surge this year and the fiscal situation is deteriorating in all provinces but we've seen worse says RBC Economics.4 of 5