CMHC to issue highest risk rating on Oct 26
Canada’s government-sponsored mortgage insurer is raising alarm bells on the risks to the housing market.
According to a in today’s Globe & Mail, the CMHC is preparing to issue its first national ‘red’ warning for the Canadian housing market as a whole.
Canadian mortgage insurer to issue first ‘red’ warning for housing market
ByAdam Button
Oct 17, 2016