Canada : Selected Issues Paper.
Canadian housing prices are higher than levels consistent with current fundamentals in some provinces. The empirical estimates suggest that a 10 percent decline in housing prices would lead to a 1u percent decline in private consumption. The high level of household leverage and housing prices could...
| Institution som forfatter: | |
|---|---|
| Format: | Tidsskrift |
| Sprog: | English |
| Udgivet: |
Washington, D.C. :
International Monetary Fund,
2011.
|
| Serier: | IMF Staff Country Reports; Country Report ;
No. 2011/365 |
| Online adgang: | Full text available on IMF |