real estate

CMHC: Home prices could fall 47.9% in worst case scenario without government help | YAHOO FINANCE

January 21, 2021, by Jessy Bains Canada Mortgage and Housing Corporation (CMHC) says house prices could fall 47.9% peak-to-trough with an unemployment rate of 25% in its worst case scenario. CMHC says without government intervention, its solvency and capitalization would be in question. Even with help, the agency says prices would fall 31.8% and the…