McRobert  Real Estate Group

McRobert Real Estate Group

We make everything better.


Toll Free:
Email Me
Property Search, McRobert Real Estate Group

RBC Housing Commentary - January 2019

RBC has just released our latest housing market commentary entitled " Canada’s housing market ended 2018 on a weak note ".

Highlights of the report:


  • Resales slumped back to a six-year low in December: Most local markets were still dealing with a case of the blues last month in the face of higher interest rates and earlier tightening of mortgage lending rules. Resales fell for a fourth-straight time by 2.5% nation-wide—entirely rolling back the mini-rally that took place in the summer.


  • Vancouver is in full-blown correction mode: Under downward pressure since the start of 2018, activity in the area has plummeted by 18% since October. Buyers are in command and prices are declining. The benchmark price fell sequentially for a sixth-consecutive month, generating the biggest drop (-6.5%) over that period since 2008.


  • Toronto market was stable in December: Both home resales and the aggregate benchmark price were unchanged. The rate of price increase accelerated marginally to 3.0% y/y from 2.7% in November. 


  • Sellers wanted in Ottawa and Montreal: Properties for sale have been short of strong demand for a while now and a drop in new listings further tightened things up in December. This latest decline may have been a factor holding activity back in both areas last month.


  • Adjustment period to extend well into 2019 and possibly beyond: Renewed market softness in the last couple of months clearly highlight the challenges that higher interest rates, the mortgage stress test and local housing policy measures in BC pose to homebuyers. We see little that would lift this cloud in the near term. We expect only marginal gains in both resales and prices overall in Canada over the coming year.


Below is the link to the full report.

Andrew Brown l Mortgage Specialist l RBC Royal Bank l Royal Bank of Canada l 43 Conlin Rd E, Oshawa, ON, L1H 7K4 l Cell (905) 706-8226 l Visit


Our approach

Our approach brings together best-in-class virtualized compute, storage, and networking infrastructure.

network security partner in uae

fortinet partner in uae

it managed services in uae

mimecast partner in uae

the world of gaming

Welcome to the world of gaming, where life is fast paced and interesting. There is always an adventure waiting for you online.

cheap csgo accounts

multiple learning

Provides multiple learning environment of International standard with holistic system of education at an affordable cost for the successful life of young generation.

best placement college in dehradun

best paramedical college north india

top agriculture college in dehradun

We offer calculated

We offer calculated visibility for the design and development of technology platforms through ourintensive research-based approach, consistency in performance, and adept decision-making caliber.
web design in malaysia
Search engine optimization companies in malaysia
digital marketing in malaysia


Apple products are revered for its quality, precision and great design. SRSG started its operations as Apple technology partners in the year 1997.
apple reseller in delhi
broadcast consultancy
apple authorized service center bhubaneswar
system integration service providers in india
ipad reseller in Delhi
MacBook Air reseller in guwahati

Our academic pursuits, along

Our academic pursuits, along with a range of extracurricular activities, help in honing a child's skills and ensuring that he/she grows to be a mature and responsible citizen.

top school in greater noida
premium school in noida


Engineering as a subject combines mathematics, logic and science to find solutions to our daily life problems. Over the last few decades, engineering as a profession has seen vast expansion.

top engineering college in chandigarh

engineering college in punjab

Civil Engineering College in Chandigarh

Cgc admission

top agriculture college in Punjab

I think this is the great

I think this is the great snapshots of this Spanish man and this man was performed very pleasantly in this title but you can check out resumewriters review for unique info. They simply demonstrating their aptitudes along these lines and this man contends with the capacity of other individuals. I delighted in this article to such an extent.

Search Bungalows Only


Want Help?