✉news BusinessReal Estate first seen 9 d ago, last 8 d ago, peak #13
Housing activity struggles under weight of high rates and costs
RBC economists report that housing activity is struggling as high interest rates and elevated costs weigh on the market. The bank's assessment points to continued pressure on homebuyers and sellers, with affordability constraints keeping transaction volumes subdued. The commentary adds to a broader debate about when conditions might improve as borrowing costs remain elevated.
Why now: High interest rates are squeezing housing markets, and RBC's assessment feeds ongoing concern about affordability and market weakness.
Evidence
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