Homebuyers Shun New Real Estate in Vancouver, Hurting Builders [Yahoo! Finance]
Royal Bank Of Canada (RY)
Last royal bank of canada earnings: 2/21 06:00 am
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US:NYSE Investor Relations:
rbc.com/investorrelations/index.html
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Source: Yahoo! Finance
There's just one problem — not enough buyers are showing up. Most Read from Bloomberg US Economy Slows and Inflation Jumps, Damping Soft-Landing Hopes Malaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest City Biden's Gains Against Trump Vanish on Deep Economic Pessimism, Poll Shows Zuckerberg Asks for Patience as Meta's AI Push Spooks Market How to Get a Meeting With the UAE's $1.5 Trillion Man With mortgage rates still near their highest levels in more than a decade, some condo developers are struggling to generate enough early interest in projects to get them built. Homebuilders in the province of British Columbia are constantly against the clock: it has a law that gives them just 12 months to market their projects, collect enough deposits and secure the financing to build. They can ask for more time — but at that point, consumers may also be able to ask for their money back. Developers have begun lobbying the provincial government to relax the rule
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News
- TD Fined Record $6.7 Million Under Canada Money-Laundering Rules [BNN Bloomberg (Canada)]BNN Bloomberg
- New RBC-supported incubator aims to revolutionize the financial sector with secure tech solutions [Yahoo! Finance]Yahoo! Finance
- Private Wealth Is Heading To Alternatives—What's Driving It And Where Is It Going? [Forbes]Forbes
- Posthaste: This cratering GDP number has only ever been seen during a recession [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Dividend Royalty: 5 Fabulous Stocks to Buy Now for Decades of Passive Income [Yahoo! Finance Canada]Yahoo! Finance Canada
RY
Earnings
- 2/28/24 - Beat
RY
Sec Filings
- 5/3/24 - Form 424B2
- 5/3/24 - Form 424B2
- 5/3/24 - Form 424B2
- RY's page on the SEC website