Canada Real Estate Bubble Has Grown Over Eight Hundred Percent Faster Than US Home Prices


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Few in Canada think its real estate prices are a significant cause for concern. That appears to result from the numbing of seeing it happen for an extreme amount of time. As of Q3 2021, Canadian home prices have increased 140% since 2005. This is 819% faster than the 15.3% real growth the US has seen. The next closest country to Canada in the G7 is Germany at 49.3%, nearly one-third of the increase. This kind of growth is best appreciated as a graph.

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