Canada's housing crisis eases to 'moderate' from 'high', report says
Risks of investing in Canada's property market have receded to 'moderate' from 'high' in the past few months, the government's housing agency says although Vancouver and Toronto still remain a worry.
Recent tightening in mortgage lending, uncertainty about the state of the global economy and new tax slapped on foreign buyers - particularly on Chinese who have been buying into Vancouver - appear to have had a role in the easing.
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