QUESTIONS, QUESTIONS ‘MR. LOW INTEREST RATES’ – READY TO KILL HOUSING? CANADA IS IN A BUBBLE – SO SAYS THE WORLD AND LESSER LIGHTS DENT: CANADIANS HAVE LOST THEIR EVER-LOVING MINDS HIGHER MORTGAGE RATES AHEAD SPAMMER LEGISLATION REVISITED THE NUMBERS VANCOUVER AND THE FRASER VALLEY HOT PROPERTY: 4.5 ACRES, 900 SQ. FT. FINE CABIN. PRICE: $69,900
THIS WEEK’S FACTS BY EMAIL: QUESTIONS, QUESTIONS STOCK MARKET EFFECT ON REAL ESTATE MEXICO INVESTMENT REVISITED BUYING WITHOUT SUBJECTS BUT STILL MUST SELL HOUSE? RBC SAYS: NO HOUSING REVERSAL … EVEN ALTA WILL LOOK GOOD IN 2016 GIFT YOUR DOWN PAYMENT HOT PROPERTIES BEST RATES
There are a lot of doomers out there about the Canadian housing market. First, there was Deutsche Bank as well as our Central Banker Poloz that saw us 30% overvalued. Now CMHC is raising a warning finger.
In fact CMHC in its quarterly house price and analysis and assessment of 15 markets says Toronto, Winnipeg and Regina are all now considered high-risk markets. But unlike Poloz, CMHC says Vancouver is ok … but Toronto, Regina and Winnipeg are at HIGH RISK!
Add to this that high profile demographer Harry Dent says Vancouver is the single most bubbly city on the planet.
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