SUBSCRIBERS
Canada financial stability threatened by high property prices
Published Thu, Dec 11, 2014 · 09:50 PM
Ottawa
SOARING real estate prices and high consumer debt could threaten Canada's financial stability, the central bank warned on Wednesday.
The risk of "an adverse shock" to the system has lessened over the past six months due to ongoing global financial reforms including ensuring that banks are well-capitalised, the Bank of Canada said in a report.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
UK house prices stagnate in April as higher mortgage costs bite
When buying a home is treated as a national security threat
After S$160 million makeover, SingLand eyes better take-up, higher rents at Singapore Land Tower
US renters seeing chance of owning a home at record low: NY Fed survey
Shenzhen eases home buying to revive sales in China tech hub
Far East Orchard looks to sell Rendezvous Hotel Perth Central for A$18.5 million