Is the Canadian Housing Market Overvalued? : A Post-crisis Assessment /

Canadian house prices have increased significantly between 2003 and early 2008, with a marked downward trend since mid-2008, especially in the resource-rich western provinces. This paper estimates the evolution of equilibrium real home prices during this period in key provinces and finds that, follo...

ver descrição completa

Detalhes bibliográficos
Autor principal: Tsounta, Evridiki
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2009.
Colecção:IMF Working Papers; Working Paper ; No. 2009/235
Acesso em linha:Full text available on IMF