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Excessive exuberance: Canada home prices boil over as policymakers sit back

Analysis: Excessive exuberance: Canada home prices boil over as policymakers sit back

Analysis: Excessive exuberance: Canada home prices boil over as policymakers sit back
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Officials in no hurry to cool Canada s red-hot housing market, saying economy is too fragile

Canada s red-hot housing market has become a bonfire, spurring comparisons to earlier bubbles and prompting calls for cooling measures. But policymakers are standing back, unwilling to intervene for fear of undermining Canada s still-fragile economic recovery from the COVID-19 pandemic.

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