More declines from recent highs are likely, but prices should remain above pre-pandemic levels
Mortgage growth slows as housing markets cool
Loan books dominated by residential mortgages are vulnerable to a market downturn, DBRS says
RBC says prices could drop 13% by early next year
Clients who recently bought with variable rate mortgages could face significant monthly bill hikes
Those who owe more than 65% of the loan value will have to pay a portion toward the loan principal
Incomes grew faster than debt in the first quarter
A Manulife survey also found that two-thirds of Canadians don't view homeownership as affordable
Revenues were generally strong but earnings differed based on loan-loss reserves, Fitch said
Credit card debt rises for second straight month, outpacing mortgage growth