Why the Canadian Housing Market Is Soaring in the Pandemic

Why the Canadian Housing Market Is Soaring in the Pandemic

The New York Times-World·2021-03-06 17:03

This week began with an unusual apology. Evan Siddall, the president and chief executive of the Canada Mortgage and Housing Corporation, took to Twitterto acknowledge that the federal agency had erred last year when it forecast that the pandemic-induced economic collapse might cause house prices to fall by as much as 18 percent.

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