Canada’s housing market remains at a high degree of vulnerability and housing starts set to level off

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OTTAWA, October 26, 2017 — Canada’s housing markets remain highly vulnerable1 with evidence of moderate overvaluation and price acceleration, according to  Canada Mortgage and Housing Corporation (CMHC). After a boost in residential construction in 2017, housing starts are projected to decline by 2019, but to remain close to the average level from the last 5 years.

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