Canada’s housing market overheated, highly vulnerable – CMHC The federal agency has issued its highest risk rating for the country’s housing sector A potent combination of factors including home price growth acceleration continued overvaluation, and stagnant labour incomes has introduced a high degree of vulnerability in the Canadian housing market, according to Canada Mortgage and [&hellip…
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Canada Plans To Foster Its Real Estate Bubble By Raising The Maximum Mortgage Size Canada plans to increase credit access for the country’s riskiest borrowers in the years to come. A re-elected government may not seem like change, but they promised a big one — larger insured mortgages. High-ratio borrowers will see an increase of [&hellip…
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Trudeau vows ban on foreign buyers The pledge comes as the debate over affordable housing heats up in the federal election campaign Prime Minister Justin Trudeau has promised to introduce a two-year ban on foreign home buyers and make the home purchasing process more transparent if re-elected. The Liberal Party leader told a crowd in [&hellip…
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