Toronto Real Estate Market Has Little Evidence of Overvaluation: CMHC

The Canada Mortgage and Housing Corporation (CMHC) says there is currently little evidence of overvaluation in the Toronto real estate market.

Last week, CMHC released its most recent Housing Market Assessment for the third quarter of 2020, which examines the level of vulnerability in the country’s major real estate markets by considering four factors: overbuilding, overvaluation, price acceleration, and overheating.

Original Article Source Credits: Toronto Storeys , https://torontostoreys.com/

Article Written By: Ainsley Smith

Original Article Posted on: December 21, 2020

Link to Original Article: https://torontostoreys.com/cmhc-toronto-real-estate-overvaluation/