CMHC Studying Realty Crash

The federal mortgage insurer citing “concerns” over a housing bubble is commissioning $125,000 in research on the 2008 collapse of the U.S. real estate market. CMHC said it needs greater understanding in “spotting problematic conditions”. It earlier rated three cities as having unsustainable prices: ‘Concerns are raised over the risk of overvaluation in the Canadian housing market’.

This content is for Blacklock’s Reporter members only. Please login to view this content. (Register here.)

Back to Top