Fri, Apr 25, 2014
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | Emerging Trends, Market Moves, Research, Residential property Watch more

Canada’s housing market ‘pricey, not dicey,’ BMO says

Posted on 09 November 2010

From Ctv.ca: Canada’s housing market is moderately overvalued but not a bubble waiting to be burst, BMO Nesbitt Burns says. “All things considered, the Canadian housing market does not appear to be in a bubble, and is unlikely to suffer a U.S.-style collapse,” economists Earl Sweet and Sal Guatieri said in a research note.
“A key and overriding difference is the quality of loan origination in the past decade, as well as other institutional factors such as mortgage insurance and recourse against defaulters,” they wrote in the report titled “Canadian housing: Pricey, not dicey.”………………………………………Full Article: Source


 Article link

This post was written by:

Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
M T W T F S S
« May    
 123456
78910111213
14151617181920
21222324252627
282930