Tag Archives: Overbuilding

CHMC reports evidence of overvaluation in housing across Canadian markets

February 16, 2016 Katie Daniel

The Canada Mortgage and Housing Corporation’s (CMHC’s) latest Housing Market Assessment (HMA) found moderate evidence of overvaluation across 15 centres in the Canadian housing market for the first quarter of 2016. Overvaluation was detected in eight centres and overbuilding in seven, making them the two most prevalent problematic conditions.

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