Description: Prices in red-hot Canadian housing markets could be at risk of a “significant” correction amid extreme valuation and policy uncertainty heading into the new year, according to one of the country’s best known mortgage experts.

​Source: BNNBloomberg.ca – video report

Date: Nov 25, 2021

Link: https://www.bnnbloomberg.ca/it-s-like-gamestop-mortgage-expert-on-risk-of-housing-correction-1.1687056

Questions for discussion:

• What is helping to inflate real estate prices?
• What are the warnings in this report?
• How will a decline in real estate prices affect banks and other stocks?
• What would you advise investors do to mitigate risk at this time?
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