Canadian Contractor

Dave Gray   

Real Estate Watch

Renovation Contractor

Could the bubble finally be ready to burst?

Could the bubble finally be ready to burst? The Canadian real estate market remains “highly vulnerable” according to the Canada Mortgage and Housing Corporation’s latest evaluation. Perennially hot markets in Vancouver and Victoria in B.C. along with Golden Horseshoe neighbours Toronto and Hamilton, all rated “strong” for overvaluation, with Edmonton, Calgary, Saskatoon, and Regina all receiving a “strong” rating for potential overbuilding.

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