The Canada Mortgage and Housing Corp. put several cities in the yellow and red, but Halifax is green in all categories including overvaluation and overbuilding.
By: Jen Taplin Metro Published on Thu Oct 27 2016
Halifax's housing market is sitting pretty in the green thanks to a boom in immigrants and refugees.
The Canada Mortgage and Housing Corp. elevated the national risk rating to the highest level this week and placed several cities in the red and yellow risk zones.
Halifax, however, is green across all categories including overheating, price acceleration, overvaluation, and overbuilding.
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