Ontario and British Columbia Headed for a Buyer’s Market, RBC Says

Ontario and British Columbia Headed for a Buyer’s Market, RBC Says
A real estate sign is pictured in Vancouver, B.C., June, 12, 2018.The Canadian Press/Jonathan Hayward
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High interest rates will continue to hold back homebuyers into the new year, except in Ontario and British Columbia, a new report by RBC says.
The report released Thursday said those purchasing real estate in Ontario and B.C. in 2023 will hold a stronger hand as conditions in these provinces continue to favour buyers as opposed to sellers.