Canadians getting the message on debt load, Carney says
April 28, 2012 by Adil Virani
Filed under Latest News, Latest Rates, Mortgage FAQ, Recent News
JEREMY TOROBIN OTTAWA— From Wednesday’s Globe and Mail Canadian house prices are now almost five times higher than incomes, the latest illustration of why policy makers are worried about parts of the housing market. The average price is roughly 4.75 times the average income, Bank of Canada Governor Mark Carney said Tuesday, noting that the historical […]
