Canada Mortgage and Housing Releases 2018 Fourth Quarter Update

For ten straight quarters, the country's vulnerability rating has been "high" but that's now shifted to "moderate."

Canada Mortgage and Housing Corporation releasing it market assessment for the last quarter of 2018 and things seem to be looking up.
 
After being rated "high" for the past 10 straight quarters, the country's vulnerability has shifted to "moderate."
 
CMHC notes the change was influenced by two key factors. The average home price fell by 5.4% in the fourth quarter of 2018, from the same quarter in 2017 and the young-adult population grew by nearly 2%, increasing the pool of potential first-time homebuyers.
 
This analysis is provided by CMHC information to help Canadians make more informed decisions and contribute to an orderly adjustment of housing market imbalances.

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