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IMF Says Housing In Canada Overvalued By As Much As 20%

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IMF says housing in Canada overvalued by as much as 20%

Canada’s housing market is overvalued by as much as 20%, says the International Monetary Fund which is forecasting a soft landing for the sector. The IMF opinion, released Friday, is for the country as a whole and it noted there are important regional differences when talking about overvaluation which may also be as low as 7%.…

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