The Bank of Canada is at it again, warning the public about a potential ‘correction’ in the housing market. Senior officials are clearly worried: “The elevated level of household debt and stretched valuations in some segments of the housing market remain an important downside risk to the Canadian economy”.
Is Canada’s Housing Market Headed for a Fall?
The Bank of Canada is at it again, warning the public about a potential ‘correction’ in the housing market. Senior officials are clearly worried: “The elevated level of household debt and stretched valuations in some segments of the housing market remain an important downside risk to the Canadian economy”.