A Warning From The Bank Of Montreal
It’s no secret that housing prices in St. John’s have jumped dramatically over the past few years.
Lots of people are wondering if we should expect a market correction.
The Bank of Montreal has just released a study looking at housing prices across Canada, and how those increases compare to people’s income.
And St. John’s is definitely singled out for attention.
Dave Macdonald is a regional manager with B-M-O.
He’s on the line from Nova Scotia.