OTTAWA (CU)_As house prices continue to soar at a record level, the Bank of Canada claims that investors could be source of instability in the housing market. While fist-time buyers continue to account for nearly half of the residential transactions in the country, despite the record increase in prices, investors also represent a large segment of the market, although there are disagreements on how the Bank of Canada identifies investors.
Central bank economists Mikael Khan and Yang Xu recently issued a report which…
