26-07-2017 19:50 via montrealgazette.com

CMHC says Montreal's housing market isn't problematic — yet

Montreal’s housing market is showing few signs of “problematic conditions,” according to the Canadian Mortgage and Housing Corporation, but several trends are moving in that direction.
“In the first quarter of 2017, evidence of problematic conditions remained weak. The resale market continued to tighten, putting upward pressure on prices, but the favourable economic and demographic situation justified current price levels” Marie-Claude Guillotte, a senior market ana
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