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RBC Expects Canadian Household Wealth to Rise in Q2 as Equity Gains Offset Property Declines
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RBC Expects Canadian Household Wealth to Rise in Q2 as Equity Gains Offset Property Declines
Sep 8, 2025 4:08 AM

06:54 AM EDT, 09/08/2025 (MT Newswires) -- Canadian national balance sheet accounts data for the second quarter are expected to show household net worth edged higher as rebounding equity markets boosted financial asset values, RBC said.

The data are scheduled for release at 8:30 a.m. ET Thursday.

The S&P/TSX Composite Index gained 7.8% after a weak first quarter. RBC said some of that improvement will likely be offset by lower property values.

The Canadian Real Estate Association's MLS Home Price Index slipped 1.2%, reversing gains from the prior quarter, the bank noted. RBC added that the household debt service ratio also likely increased modestly in the second quarter as both mortgage and non-mortgage borrowing grew.

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