Canada housing market is clearly overheating but policymakers are not intervening


Image by Peter Biela from Pixabay

OTTAWA, March 7 (Reuters) -- Canada's red-hot housing market has become a bonfire, spurring comparisons to earlier bubbles and prompting calls for cooling measures. But policymakers are standing back, unwilling to intervene for fear of undermining Canada's still-fragile economic recovery from the COVID-19 pandemic.

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