Sentences with phrase «sharp housing correction»

Not exact matches

This in turn could trigger a sharper correction in Canada's housing market.»

The Bank of Canada has been rather vocal about the potential for a «serious, widespread correction in house prices resulting from a sharp increase in unemployment,» and Fitch has warned that housing prices may be overvalued by 20 % across Canada.

Futures Point to Full Week of Gains After Sharp Correction US equity markets could end the week with a full house of gains as long as indices manage to hold onto the small gains being seen in futures ahead of the open.

The review also warns of a potentially overvalued housing market as a possible weakness and lays out other risks that threaten Canada, such as sharp correction in house prices, a sudden hike in long - term interest rates and financial stress from Europe and China.

On the domestic side, a sharp correction in the domestic housing market could impair bank balance sheets, trigger negative feedback loops in the economy, and lead to contingent claims on the government.