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To identify and quantify downside risks to housing markets, we apply the house price-at-risk methodology to a sample of 37 cities across the United States and Canada using quarterly data from 1983 to 2018. This paper finds that downside risks to housing markets in the United States have...
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government backing of the mortgage market. Nonetheless, the dominance of the crown corporation CMHC in the mortgage insurance … market concentrates a significant amount of risk in public finances. Improving competitive conditions in the mortgage …
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mortgage market -- D. Housing and government policy -- Appendix: Summary of Symbols and Sources of Data -- Notes …This study describes the organization and operation of the postwar Canadian housing and residential mortgage markets … mortgage market is examined in the second section. The main participants are described and their mortgage investment behavious …
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