RBC doesn’t see Canada's housing markets going into 'free fall'

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RBC doesn’t see Canada's housing markets going into 'free fall'
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RBC\u0027s CFO says Canada’s real estate markets could be more resilient than people think. Find out more

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Royal Bank of Canada’s Nadine Ahn described the bank’s mortgage book as healthy even as home prices buckle under the weight of higher interest rates and a possible recession. High immigration levels driving demand amid a supply crunch means the country will still be grappling with an imbalance.Sign up to receive daily headline news from Ottawa Citizen, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.

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