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,...

Szczegółowa specyfikacja

Opis bibliograficzny
1. autor: Andrle, Michal
Kolejni autorzy: Plaail, Miroslav
Format: Czasopismo
Język:English
Wydane: Washington, D.C. : International Monetary Fund, 2019.
Seria:IMF Working Papers; Working Paper ; No. 2019/248
Dostęp online: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 
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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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