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In its biannual Financial System Review published yesterday, the Bank of Canada acknowledged that the country’s housing market may be overvalued by as much as 30%. Amid concerns that Canada’s housing market may be overheated and due for a correction, the Bank of Canada’s new overvaluation estimate is significantly higher [...]
from Forbes Real Time http://onforb.es/1zckPt6
In its biannual Financial System Review published yesterday, the Bank of Canada acknowledged that the country’s housing market may be overvalued by as much as 30%. Amid concerns that Canada’s housing market may be overheated and due for a correction, the Bank of Canada’s new overvaluation estimate is significantly higher [...]
from Forbes Real Time http://onforb.es/1zckPt6