Hypothesis Testing: Two-Tailed 2 Proportions

An economist believes that a higher proportion of houses in Vancouver are overpriced compared to Toronto. He believes that a house is overpriced if it's market value has increased by more than 40% over the last 3 years. A sample of homes in both cities and whether or not they have increased in market value by more than 40% are listed below.

At the 5% level of significance, is there evidence to support the economist's opinion? State the test statistic and p-value
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