Toronto and Vancouver Real Estate Showing “Excessive Exuberance” Shows CMHC Indicator

Canada’s largest real estate markets may be seeing irrational buying. The Canada Mortgage And Housing Corporation (CMHC), a Crown corporation, has developed a new method of tracking over enthusiastic buyers. The method detects periods of accelerated price growth, in Canada’s largest markets. The most recent readings show Toronto and Vancouver are showing excessive exuberance. Montreal […]