Topic: Recently the articles below then use the information along with any other research that you feel helps you to answer the questions that appear below. In October 2018 the Teranet National Bank National Composite House Price Index was down 0.4% from the previous month. With price declines in 10 of the 11 major markets surveyed.https://housepriceindex.ca/#maps=c11Further, the Canada Mortgage and Housing Corporation (CMHC) has noted that they expect falling house prices helping to moderate conditions of overvaluation (i.e. possible price bubbles).https://www.cmhc-schl.gc.ca/en/housing-observer-online/2018-housing-observer/house-prices-falling-overvaluation-still-moderateThey believe this will help housing markets to fall more into line with market fundamentals (i.e. not bubbles) in the next two years.https://www.cmhc-schl.gc.ca/en/housing-observer-online/2018-housing-observer/housing-activity-expected-moderate-2018-to-2020 ————————–Discuss: –Do these new developments mean that the federal and provincial governments do not have to consider new housing market rules related to mortgage lending and taxation? Explain why you feel this way using evidence to support your hypothesis.—————————————————-require:—typed, double spaced (regular margins top/bottom & right/left margins) with a 12 point font size —————-(notes will upload by files)
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