CMHC WARNS HOUSING SECTOR STILL VULNERABLE

Jul 26, 2018

By Michael Kramer

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The Canada Mortgage and Housing Corporation’s latest outlook says the sector is still facing a high degree of vulnerability – due to overvaluation and price acceleration in the GTHA – as well as Vancouver and Victoria, BC.

That makes it eight straight quarters – that the corporation has sounded the alarm about housing vulnerability – in the large urban areas in Ontario and B-C.

C-M-H-C rated Edmonton, Calgary, Saskatoon and Regina as having moderate levels of vulnerability – with Winnipeg, Montreal and Halifax among cities with low risks.

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