Is it time to sell your home?

CMHC warns housing prices overvalued in 9 Canadian markets, with Vancouver at high risk

Garry Marr | July 27, 2016

Canada Mortgage and Housing Corp. says prices are overvalued in 60 per cent of the top 15 centres it surveys across the country.

In what the Crown corporation calls its Housing Market Assessment Survey, released Wednesday, it said overall evidence of problematic conditions in the housing market for the country as a whole has been bumped up from weak to moderate — with Vancouver singled out for “high” evidence of problematic conditions in its market.

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