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Canadian Housing Market Among Most Overvalued in the World: OECD

Canada has one of the most overvalued housing markets in the world, according to a new global report, which adds to the ongoing debate about whether it’s a bubble set to burst.The Organisation for Economic Co-operation and Development OECD says Canada, alongside Norway and New Zealand, are among the countries where houses “appear overvalued but prices are still rising.”

via Canadian housing market among most overvalued in the world: OECD | Balance Sheet – Yahoo! Finance Canada.

 

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