01457cas a2200253 a 4500 AALejournalIMF016019 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513519180 1018-5941 BD-DhAAL BD-DhAAL Andrle, Michal. Assessing House Prices in Canada / Michal Andrle, Miroslav Plaail. Washington, D.C. : International Monetary Fund, 2019. 1 online resource (25 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper assesses house prices in 11 Canadian Census Metropolitan Areas (CMA) using the borrowing-capacity and the net-present-value approaches. The results indicate that by the end of 2018, house prices in most metropolitan areas are aligned with macroeconomic fundamentals. However, in Hamilton, Toronto, and Vancouver house prices have increased beyond the values implied by the fundamentals. Mode of access: Internet Plaail, Miroslav. IMF Working Papers; Working Paper ; No. 2019/248 Full text available on IMF http://elibrary.imf.org/view/journals/001/2019/248/001.2019.issue-248-en.xml IMF e-Library