Blog

In line with our and market’s expectations, the Bank of Canada (BoC) opted to hold the overnight rate steady at 5% at today’s meeting, extending a pause after also foregoing a hike in September. The central bank (also as expected) maintained a clear hiking...

The most striking trend that emerged in recent months has been the return of sellers to the housing market. September was a case in point where new listings increased sequentially in all major markets (for which early reports from local real estate boards...

RBC Economics provides a monthly analysis of the key indicators on price trends in the United States.

Following a two meeting pause, the BoC resumed tightening with a 25 bp hike lifting the overnight rate to 4.75%

Burgeoning rentership will put tremendous pressure on our rental stock—already stretched and inadequate in many parts of the country.

The decline in household wealth comes at a time when Canadians are already feeling the squeeze of higher inflation and rising interest rates.

Is Canada ready to meet a 50% surge in electricity consumption over the next decade? It's a tall order, even unlikely at our current pace of decision-making.

100 bp hike topped widespread expectations for a 75 bp increase BoC front-loading the path to higher rates amid excess demand, high inflation and rising inflation expectations “Interest rates will need to rise further”; we see 3.25% policy rate by October...

The wind is definitely shifting—and becoming a lot chillier—for Canada’s housing market. Toronto, Vancouver, Montreal, Ottawa and Hamilton were among the areas experiencing significant pullbacks in home resale activity in May. For many of them this represented...