background img

The New Stuff

Bank of Canada: Canadian Housing Market Overvalued By As Much As 30%

http://ift.tt/1sHX1gh



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

Popular Posts