RBC’s McKay Says Canada’s Housing Market Now ‘Well-Balanced’ – Bloomberg

Housing in Canada is in “well-balanced territory” after a government tightening of mortgage-lending rules intended to cool a market that had become overheated, Royal Bank of Canada Chief Executive Officer Dave McKay said.
— Read on www.bloomberg.com/news/articles/2019-07-25/rbc-s-mckay-says-canada-s-housing-market-is-now-well-balanced