Header Flash Element
RSS Feed

RBC Survey: Albertans most optimistic about housing market

The 17th Annual RBC Homeownership Survey claims that "Albertans are the most likely to say they are very likely to buy a home in the next two years". 

Article: "The survey also indicated 92 per cent of respondents believe that buying a home is a good investment. Among those looking to buy they are also the most likely (40 per cent) to say they will buy within the next year.

RBC says respondents cite good housing prices, favourable interest rates and the opportunity to buy a home as an investment or second home as the primary reasons behind their buying intentions.

The RBC survey, conducted by Ipsos Reid, found that Albertans intending to buy a home plan to put down one of the largest down payments ($85,434) compared to Canadians in other regions. This represents 13.6 per cent of their estimated home value, slightly higher than the national average.....(Read More)

Artcile Source: Calgary Herald

Looking for a Mortgage? Apply Online Today



TODAY'S RATES

and available loan programs
3.69%
5 Year Fixed
Close by Oct 30
2.15%
5 Year Variable
Prime -0.60%
2.05%
3 Year Variable
Prime -0.70%

Recent Blog Entries

Don't wait, buy when you can Trying to foresee the future can be tricky, and trying to guess the...
Alta West Mortgage News Update Housing starts will slow: CMHC
Helping a child buy their first... Thinking of purchasing a home for your child? While this is exciting for...