Bank of Canada warns Toronto’s condo market a ‘pocket of vulnerability’ in Canada’s housing sector – Ask a Vancouver Mortgage Broker
June 26, 2014 by Adil Virani
Filed under Home Series, Latest News, Latest Rates, Mortgage FAQ, Recent News, Selling Your Home, Vancouver Mortgage Broker
Pamela Heaven | The Bank of Canada singled out Toronto’s condo market in its report on risks facing the country’s economy and financial system Thursday. The central bank said in its Financial System Review that though Canada’s housing market was broadly in line with demand, the level of condo building was significantly above historical averages. “While some of […]
