The Canada Mortgage and Housing Corp says the market is perhaps 3 to 4 per cent overvalued, below the 8 per cent considered a problem. Photo: Bloomberg

Canada housing overvalued, but low risk of overheating, says agency

Low risk of overheating or overbuilding, says federal housing agency, with note of caution

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The Canada Mortgage and Housing Corp says the market is perhaps 3 to 4 per cent overvalued, below the 8 per cent considered a problem. Photo: Bloomberg
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