What to consider before co-owning a home [Globe and Mail, The (Toronto, Canada)]
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Royal Bank Of Canada (RY)
Last royal bank of canada earnings: 2/21 06:00 am
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Source: Globe and Mail, The
and insights, the week's top headlines, and what you and your clients need to know. For more from Globe Advisor, visit our homepage For many Canadians not already in the housing market, the dream of home ownership can seem just like that. But some who would otherwise be priced out of real estate are finding creative ways into the market, such as co-ownership. A survey conducted by Royal LePage in August last year found that 6 per cent of Canadian homeowners co-own their property with someone other than their spouse or significant other. “The reason why most people do things [with others] is because they can do more together than they can separately,” says Rocky Bellotti, an investment advisor with Wellington-Altus Private Wealth Inc. in Toronto. According to a Royal Bank of Canada report released in March , more than two-thirds of Canadian households can't afford to purchase a home with earned income alone. Still, home ownership has been a reliable way to build wealth, the rep
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- 5/30/24 - Beat
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Sec Filings
- 6/14/24 - Form 424B2
- 6/14/24 - Form 424B2
- 6/14/24 - Form 424B2
- RY's page on the SEC website