Sunday 19 May 2019

House Prices Canada

Eight months with no rise in house prices in Canada - no price rise in April is the first time this has happened in the 21 year history ofthis market measure...

https://housepriceindex.ca/2019/05/april2019/

What goes up too fast always comes down with a crash.  

Absurdly low interest rates in Canada since 2008 have driven a bubble and have prebuilt an impending real estate market catastrophe.  

Blame the Bank of Canada when it happens.

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