10 Charts That Show How Out Of Whack Things Are In Canada's Housing Markets - News Summed Up

10 Charts That Show How Out Of Whack Things Are In Canada's Housing Markets


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



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