Housing market slumps to erase $1.6T from Canadians

Housing market slumps to erase $1.6T from Canadians

According to RBC Economics, the increase in net wealth that many Canadians saw during the pandemic as the value of their houses rose and high-flying stocks boosted their investment portfolios is now declining. The housing market no longer looks looming as it ones did. According to the bank’s assessment, the real estate and financial industries’…