Assessing House Prices in Canada

Nopic
This paper assesses house prices in 11 Canadian Census Metropolitan Areas (CMA) using the borrowing-capacity and the net-present-value approaches. The results indicate that by the end of 2018, house prices in most metropolitan areas are aligned with macroeconomic fundamentals. However, in Hamilton, Toronto, and Vancouver house prices have... READ MORE...

Publication date: November 2019
ISBN 9781513519180
$18.00

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Publication date: November 2019

English