Yield-starved banks expanded lending to “relatively high-risk businesses” and to the property sector, as the Bundesbank considers house prices in many cities overvalued by 15% to 30%.
Vancouver has tiny uptick after 14 declines. Toronto dips below July 2017 peak. Victoria ekes out high. Calgary, Edmonton stuck below oil-boom peaks years ago. Quebec City flat 6 years. Montreal ticks down from high…