| Description |
1 online resource (51 pages) |
| Series |
IMF country report, 2227-8907 ; no. 10/378 |
|
IMF country report ; no. 10/378.
|
| Contents |
I. The post-crisis Canadian housing market -- A. Introduction -- B. The ups and downs following the crisis -- C. Estimation -- D. Conclusions -- II. Interpreting Canada's currency movements during the crisis -- A. Background -- B. Empirical results -- III. Canada's potential growth : a post-crisis assessment -- A. Introduction -- B. Main findings -- C. Conclusions and policy implications -- IV. The bumpy road ahead for North American automakers -- A. Background -- B. Spillover analysis : how would the Canadian auto sector weather a U.S. double-dip recession? -- C. Long-term challenges -- V. Canada's housing finance system : policy backdrop |
| Summary |
1. Canadian house prices recovered strongly in the post-crisis era but recently stalled. After falling by over 10 percent from their pre-crisis peak levels, Canadian Real Estate Association (CREA) existing house prices have recovered rapidly following the financial crisis, rising by over 20 percent from their 2008Q4 trough levels. 2 However, since end-March 2010, house price increases have come to a halt, with prices stabilizing or falling slightly. Across regions, Quebec essentially experienced no declines in house prices even during the crisis, while western provinces suffered double-digit price losses during the crisis, partly reflecting the downward pressures on commodity prices. Ontario and British Columbia experienced rapid house price increases of around 20 percent on average since their crisis-related trough levels, ahead of the introduction of the harmonized sales tax |
| Notes |
Title from PDF title page (IMF Web site, viewed March 11, 2011) |
|
"December 2010." |
| Bibliography |
Includes bibliographical references |
| Notes |
English |
| Subject |
Housing -- Canada
|
|
Money -- Canada
|
|
Foreign exchange rates -- Canada
|
|
Global Financial Crisis, 2008-2009.
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Financial crises -- Canada
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Automobile industry and trade -- Canada
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Economic indicators -- Canada
|
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Automobile industry and trade
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Economic history
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Economic indicators
|
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Financial crises
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Foreign exchange rates
|
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Housing
|
|
Money
|
| SUBJECT |
Canada -- Economic conditions.
http://id.loc.gov/authorities/subjects/sh85019300
|
| Subject |
Canada
|
| Form |
Electronic book
|
| Author |
Batini, Nicoletta, author.
|
|
International Monetary Fund, issuing body.
|
| ISBN |
128356095X |
|
9781283560955 |
|
9781455241767 |
|
1455241768 |
|
1455284157 |
|
9781455284153 |
|
1455229970 |
|
9781455229970 |
|
9786613873408 |
|
6613873403 |
|
9781455213559 |
|
1455213551 |
|
