Assessing House Prices in Canada /

This paper assesses house prices in 11 Canadian Census Metropolitan Areas (CMA) using the borrowing-capacity and the net-present-value approaches. The results indicate that by the end of 2018, house prices in most metropolitan areas are aligned with macroeconomic fundamentals. However, in Hamilton,...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Andrle, Michal
مؤلفون آخرون: Plaail, Miroslav
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2019.
سلاسل:IMF Working Papers; Working Paper ; No. 2019/248
الوصول للمادة أونلاين:Full text available on IMF
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245 1 0 |a Assessing House Prices in Canada /  |c Michal Andrle, Miroslav Plaail. 
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300 |a 1 online resource (25 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
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520 3 |a This paper assesses house prices in 11 Canadian Census Metropolitan Areas (CMA) using the borrowing-capacity and the net-present-value approaches. The results indicate that by the end of 2018, house prices in most metropolitan areas are aligned with macroeconomic fundamentals. However, in Hamilton, Toronto, and Vancouver house prices have increased beyond the values implied by the fundamentals. 
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700 1 |a Plaail, Miroslav. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2019/248 
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