June 11th - 2012

Market Watch: Ontarians positive about housing market

A house or condo is a good investment, according to nine out of 10 Ontarians, who show more confidence in real estate than those surveyed in other Canadian regions, according to the 19th annual RBC Homeownership Poll.

A house or condo is a good investment, according to nine out of 10 Ontarians, who show more confidence in real estate than those surveyed in other Canadian regions, according to the 19th annual RBC Homeownership Poll. Ontario residents are the most likely in Canada to describe the current housing market as balanced (39 per cent, compared to 36 per cent nationally) and nearly three-quarters of residents (74 per cent) here believe they can weather a potential downturn in prices, matching the national average. To see the report, visit www.rbc.com/newsroom and scroll down to Special Reports in the blue box on the left.

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