Canada has lost track of its geographic location, or you would certainly think so if you look at the Canadian housing market. In a year when house prices around the world fell, Canadian house prices rose some 20% in 2009. Yes, Canada was not the only country to see a rapid rise in prices, Australia, New Zealand and several countries in Asia did also, but Canada is certainly the only country on the Americas Land Mass that saw such rapid growth in house prices in 2009. Now the Central Bank and authorities are being forced to take measures to cool the housing market down.
Posts Tagged ‘Canadian House Prices’
Letting Some Steam out of the Canadian Housing Market
by Overseas Property Mall on Friday, February 26th, 2010 in Canadian Property, North American Property



