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Assessing House Prices in Canada
by Michal Andrle and Miroslav Plašil

Series:Working Paper No. 19/248
ISBN 9781513519180
Code: #WPIEA2019248

Publication year: 2019

Cdn: $27.00; US: $25.00
Paperback
Language: English
25 pages
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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.
Assessing House Prices in Canada
Cdn: $27.00; US: $25.00
International Monetary Fund (IMF) BookID: 126347 Added: 2019.11.22