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Placeline/People

City Vaughan

Country Canada

Surging real estate prices unsustainable: Bank of Canada

The Bank of Canada is warning that the pace of house price increases in Vancouver and Toronto can't be sustained by economic " fundamentals." Bank president Stephen Poloz says the risk of a downturn in those markets is growing.

Source name:

Unique identifier: CP14497220

Legacy Identifier: r_Poloz-Real-Estate20160609T1345

Type: Video

Duration: 1m31s

Dimensions: 1920px × 1080px 112.98 MB

Create Date: 6/9/2016 1:45:00 PM

Display aspect ratio: 16:9