Housing Market Risks are Easing: RBC

After reaching overheated territory earlier this year, risks to the country’s housing market are now easing as prices and activity moderate. That’s the assessment from RBC Economics’ latest Housing Health Check, which noted that “still-solid” demand—particularly in the resale market—and low inventories are keeping the odds of a price collapse low. “This winter’s frenzy raised significant concerns that extrapolative price expectations would drive up property values to excessive levels,” the report reads. “With the market shifting to a more sustainable … Continue reading Housing Market Risks are Easing: RBC