Canada’s Bubble: Housing Prices 26 Percent Higher Than 2008 Peak

April 15, 2015

According to Business Insider, Canada’s housing bubble “is bigger than anything the U.S. was able to conjure up.”

Data from Teranet–National Bank National Composite House Price Index shows that since the year 2000, home prices have jumped 140 percent in the survey’s 11 metropolitan markets. Canadian home prices today are 26 percent higher than they were at 2008’s peak.

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