Higher borrowing, overheated housing markets are vulnerabilities
The average price of a home was $488,501
Residential investment has far outpaced business investment
Combination of fewer listings and easing sales activity slows price increases
Strong mortgage borrowing drives liabilities to over $2.5 trillion in May
The pace of starts for multiple-unit housing projects rose, however
The rating agency revised its housing forecasts on stronger demand factors
The frenzied pace of sales is starting to ease across the country
Sales in Montreal were down 14% from May, while sales in Quebec City were down almost 18%
Despite the slowdown, TREBB has upgraded its annual forecast