RBC is the largest Bank in Canada. The economists over there have highlighted that they believe we will have a peak to trough fall in the real estate market of 42%. This would be the largest adjustment in the past 40 years. No to be clear, this is a call on the Canadian Market a a whole, not just Vancouver.
Let's dive into what this would look like, how realistic we believe this to be, some examples of how far the market has moved to date and out thoughts and opinions layered onto as usual.
Enjoy, like, subscribe and watch us every Thursday!!
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Jay McInnes
604-771-4606
jay@sharprealestategroup.ca
Ben Robinson
604--353-8523
ben@sharprealestategroup.ca
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