New OSFI Stress Test Set to Limit National Home Price Appreciation to 4.9% in 2018
December 13, 2017
- Impact of new stress test expected to be contained to first half of 2018 for most major markets
- Still risk of high price appreciation in Greater Toronto Area and Greater Vancouver as chance of market correction fades
- Compounding policies could have unintended consequences for struggling housing markets
TORONTO, December 13, 2017 – According to the Royal LePage Market...