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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. 
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Source name: 
The Canadian Press
Unique identifier: CP14623383 
Legacy Identifier: n_Poloz-Real-Estate20160609T1345 
Type: Video 
Duration: 1m35s 
Dimensions: 1920px × 1080px     112.73 MB 
Create Date: 6/9/2016 1:45:00 PM 
Display aspect ratio: 16:9 
Tags
Bank of Canada
Bank of Canada president
housing prices
Poloz BoC
real estate
real estate markets
Stephen Poloz
toronto housing
Vancouver housing