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30 Oct

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

Interest Rates and Market

Posted by: Ethel Lariviere

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: