House prices at risk: US stable, Canada facing increased downside.
The article examines the risks to housing markets in the US and Canada from 1983 to 2018. It shows that housing market risks have decreased in the US but increased in Canada. Factors like supply, house prices, household debt, and financial conditions all affect these risks. Capital flows also impact housing market risks, with different effects in different cities. The study also identifies households at risk of housing shocks and evaluates the riskiness of their debt.