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,...
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Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2019.
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Series: | IMF Working Papers; Working Paper ;
No. 2019/248 |
Online Access: | Full text available on IMF |