This Weeks Top Stories: IMF Warns Canadian Real Estate Prices Are Overvalued, And Over-Leveraged Borrowers Now A Record Market Share
Many Canadian real estate markets are massively overvalued, according to the IMF. Their model shows Toronto’s estimated value is 28.2% lower than current prices. Vancouver’s estimated fair value is a smaller 13.3% drop to get to its fair value. Montreal bucks the trend by actually being within 1 point of fair value.
Original Article Source Credits: Better Dwelling , https://betterdwelling.com/
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