A bubble ready to burst?
Key takeaways of the analysis:
- Canada’s real house prices since 2000 have significantly diverged from those of other G-7 countries
- Contribution of the exceptional increase in Canadian real estate assets to the change in household net worth
- Is there a housing bubble in Canada and how vulnerable is the Canadian economy to the housing sector?
- The importance of demographic factors on homeownership
- Canada: 5-year mortgage rate rising from all-time lows
- The four most likely scenarios for the next 2-3 years
Learn more in this comprehensive analysis of the Canadian housing market, written by Sébastien McMahon, our Chief Strategist, Senior Economist and Vice-President, Asset Allocation & Portfolio Manager.