OTTAWA — The Canada Mortgage and Housing Corp. says it no longer rates the country’s housing market as highly vulnerable after an overall easing of price acceleration.
“Even though moderate evidence of overvaluation continues for Canada as a whole, there has been improved alignment overall between house prices and housing market fundamentals in 2018.” The agency noted that while Vancouver remains rated at highly vulnerable, evidence of overaluation has changed from high to moderate.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
CMHC says overall housing market no longer highly vulnerable after prices easeWhile house prices in Vancouver, Victoria, Toronto and Hamilton moved closer to sustainable levels, CMHC says it continues to see a high degree of vulnerability in those markets globebusiness
Source: globeandmail - 🏆 5. / 92 Read more »
CMHC says overall housing market no longer highly vulnerable after prices easeWhile house prices in Vancouver, Victoria, Toronto and Hamilton moved closer to sustainable levels, CMHC says it continues to see a high degree of vulnerability in those markets globebusiness
Source: globeandmail - 🏆 5. / 92 Read more »
Here's What Bank Of Canada Says Really Happened In Our Housing MarketHere's what the Bank of Canada says really happened in our housing market
Source: HuffPostCanada - 🏆 61. / 53 Read more »
Stephen Poloz on taming the housing market and the dangers of a trade war - Macleans.caThe Bank of Canada governor talks to Paul Wells about the state of the economy and how central bankers work in the age of Trump.
Source: macleans - 🏆 19. / 71 Read more »
Co-ownership on the rise in Metro Vancouver housing marketMortgage options available specifically designed for first-time homebuyers who want to share the cost of buying a home with one or more friends, roommates, co-workers or family members.
Source: VancouverSun - 🏆 49. / 61 Read more »