Altus Group has released data on new condominium apartment sales in key Canadian markets, including the GTA, GGH, Edmonton, Calgary and Vancouver, for 2017.

Despite showing some signs of improvement, Canada Mortgage and Housing Corporation continues to hold the overall rating of the nation’s housing market at “strong evidence of problematic conditions.”

Due to climbing home prices in the GTA, CMHC reports that home prices in surrounding urban centres are also increasing in a spillover effect.

According to the fourth-quarter Housing Market Outlook, Canada Edition from Canada Mortgage Housing Corporation (CMHC), housing markets are expected to moderate in 2016 and 2017.