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Toronto real estate exits the red zone: housing is now less overvalued, says CMHC – Toronto Star

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Toronto real estate exits the red zone: housing is now less overvalued, says CMHC – Toronto Star

Canada’s national housing agency has moved the Toronto region housing market out of the high-risk red zone into the moderate yellow area for the first time since 2015.
There are still signs that the area’s market is vulnerable to price acceleration and overh…

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