Government relief diminished the need for banks’ massive loan loss reserves
The bank’s loan loss provisions fell to $496 million compared with $1.85 billion a year ago
The bank supports recent measures to take pressure off Canada's housing market, said RBC's CEO
The bank beat analysts' expectations by earning $1.65 billion in Q2
The rule changes, effective June 1, could push buyers to seek more affordable homes
The national average home price was a little under $696,000 in April
Home prices could increase by 14% by the end of the year, said the federal agency
The average selling price was up 33% year over year
Monthly home sales hit an all-time record in March, said CREA
Chief executive Brian Porter is also calling for an end to the interprovincial trade barrier