News: Vancouver Real Estate Market

The Canadian Press: Home prices approaching bubble territory

Home prices are approaching bubble territory, although a cool-off is expected.


OTTAWA - Canada's housing market is reaching the limits of sustainability and could tumble if there is no moderation, the Bank of Montreal says.


The bank notes Canada's hot housing market is still not in the red zone for prices, but it's getting there. (Click here to download full story in PDF)


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