RBC Urges Measures to Cool Canada’s ‘Overheating’ Housing Market – Bloomberg

The Canadian housing market is “overheating” and policy makers need to take steps to cool it down, according to an economist at Royal Bank of Canada, the country’s largest bank and biggest mortgage lender.
— Read on www.bloomberg.com/news/articles/2021-03-24/canada-s-biggest-bank-says-the-housing-market-is-overheating

Toronto’s Hot Housing Market Raised to ‘High Risk’ by Regulator – Bloomberg

Canada’s housing agency raised its risk assessment for the Toronto market to high, while also warning of overheating at the national level as the pandemic-driven surge in home prices shows no signs of slowing.
— Read on www.bloomberg.com/news/articles/2021-03-25/toronto-s-hot-housing-market-raised-to-high-risk-by-regulator