02-03-2021 23:37 via huffingtonpost.ca

Canada’s Housing Market ‘Far From Risk-Free,' RBC Says As Vancouver Sales Soar 73%

February looks to have been another red-hot month in Canada’s housing markets, and as the bidding wars and price hikes pile up, some market observers are trying to cool the temperature a little.The market “is far from risk-free,” RBC Economics warned in a report issued Tuesday.Last year’s predictions of a housing downturn may have proved wrong, but now “the main near-term risk is overheating, not price collapse,” economist Robert Hogue wrote. “Super
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