IMF says Canadian housing is still overvalued

Blog by Brad Herman | February 15th, 2013

Canadian housing prices were about 10 percent overvalued at the end of 2012 despite government efforts to rein in the market, the IMF said on Thursday, and it warned that authorities may have to intervene a fifth time in the mortgage market if personal debt levels do not stabilize.
http://www.bnn.ca/News/2013/2/15/IMF-says-Canadian-housing-is-still-overvalued.aspx#.UR5F9clIh3k.facebook

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IMF says Canadian housing is still overvalued

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