Prices were highest in Vancouver, Burnaby
Buyer interest remains high but supply is tight and mortgage rates tough to grapple with
Poorer households hit harder by economic and financial conditions
Report highlights an unwelcome side effect of strong population growth
Rating agency revises forecast for housing market in Canada, among others
Extending amortization may serve to drive prices higher
Credit card balances rise as mortgage growth slows
Lack of purpose-built rentals remains a major challenge
CREA data suggest a marked shift away from sluggish sales and slumping prices
Population growth may be interfering with the BoC's efforts by propping up demand in the housing market