Is the Canadian housing market overvalued? : a post-crisis assessment /

Canadian house prices have increased significantly between 2003 and early 2008, with a marked downward trend since mid-2008, especially in the resource-rich western provinces. This paper estimates the evolution of equilibrium real home prices during this period in key provinces and finds that, follo...

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Bibliographic Details
Online Access: Full text (MCPHS users only)
Main Author: Tsounta, Evridiki (Author)
Corporate Author: International Monetary Fund. Western Hemisphere Department
Format: Electronic eBook
Language:English
Published: [Washington, D.C.] : International Monetary Fund, 2009
Series:IMF working paper ; WP/09/235.
Subjects:
Local Note:ProQuest Ebook Central