17 October 2013
17 October 2013
Big banks agree forecast slower sales but not lower prices.
With the recent report from CREA pointing to slower real estate market in 2014, we are starting to get reaction from the big banks on this topic. Below are the quotes from some of our big 5:
RBC:
“The largest part of the strength in recent months is the result of the unwinding from earlier restraint, caused by stricter mortgage rules implementation last year…