Toronto and Hamilton housing market vulnerability ratings drop from high to moderate

OTTAWA, Nov. 7, 2019 /CNW/ – Toronto and Hamilton are the latest markets to see a change in their overall degree of vulnerability from high to moderate, according to the most recent Canada Mortgage and Housing Corporation (CMHC) Housing Market Assessment (HMA) released today. The change brings the Toronto and Hamilton markets in line with Canada’s overall moderate vulnerability rating. Victoria remains the only major centre with an overall high degree of vulnerability rating.

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