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Although home price growth is moderating in Vancouver, evidence of overvaluation and overheating remains high for 2018’s second quarter

Interest Rates and Market Ethel Lariviere 30 Oct

CMHC reported Vancouver as exhibiting three of the four risk factors for the year’s second quarter: Overheating, overvaluation and price growth acceleration. However, low inventory of new home construction and sales has led to little evidence of the fourth risk factors – overbuilding: