Yeah, right. Sky high prices in the Canadian real estate market won’t be climbing for much longer, says a report by global rating agency Fitch Ratings. The agency forecast Tuesday that home prices across the country are in for a “soft landing” and will either flatten out or slightly decrease over the next five years. It […]
Canadian housing market among most overvalued in the world: OECD
Canada has one of the most overvalued housing markets in the world, according to a new global report, which adds to the ongoing debate about whether it’s a bubble set to burst. The Organisation for Economic Co-operation and Development (OECD) says Canada, alongside Norway and New Zealand, are among the countries where houses “appear overvalued but […]