The Star: Canada’s housing prices could plunge, our COVID recovery could falter. It all depends on what we do now

Evan Siddall has dared to go where his fellow regulators won’t. The head of the national housing agency is talking publicly — and with numbers — about his forecast. He is warning of a deep plunge in housing prices, a spike in mortgage defaults and a strain on his own agency’s balance sheet. The mountain of debt held by households before the pandemic was worrisome, and now, Siddall says, it’s about to crush us. Read more...


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Mississauga Real Estate Board
3450 Ridgeway Dr #1
Mississauga, ON L5L 0A2, Canada
Phone: 905.608.6732
Fax: 905.608.9988