Any revisions to the mortgage qualification rules might prove premature, and even disastrous
This is especially because the effects of the regulatory regime have not been uniform
The market is steadily moving towards more balanced conditions
Over the past few months, the market’s housing prices have crept down
The president has repeatedly blamed the Federal Reserve for raising interest rates too steeply in 2018
This has spurred the significant level of popularity that the market’s rental assets enjoy
The Canadian economy is performing well above the standard of the world’s developed economies
A strong third quarter drove 7% growth, beating expectations in the process.
Greater Vancouver’s suboptimal performance was a major factor in this weakness
This came amid consistent home price and rental rate growth in the market
