After years of boom times, Canada's housing markets are at a turning point. But one thing is clear: After years of — let's face it — unsustainable growth, things in Canada's housing markets are looking a little messy when it comes to things like prices and mortgages. Vancouver's housing market is looking especially WTF these days, which is why it gets a bit more attention in these charts than other places. Which is why rising interest rates should be — and are — a major concern among Canada's policymakers. Mortgage growth is at historic lowsBank of CanadaThose mortgage stress tests sure have had an impact.
Source: Huffington Post January 20, 2019 15:19 UTC