Canadian Housing Market Showing Signs Of Excess Exuberance, Bank Of Canada Warns

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Bank of Canada governor Tiff Macklem says the central bank is seeing early signs that people may be purchasing homes solely because they believe prices may go up.

Macklem says rising prices in particular for single-family homes are still a long way from the heated market the country observed about five years ago.

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Original Article Source Credits:  Huffingtonpost , https://www.huffingtonpost.ca/

Article Written By:  NA

Original Article Posted on:  02/23/2021 

Link to Original Article:  https://www.huffingtonpost.ca/entry/housing-market-canada-excess-exuberance_ca_60357917c5b62bef36792029

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