Huffington Post: Canada Housing Market Among World’s Weakest As Price Growth Hits 9-Year Low

For better or worse, 2018 seems to have marked a turning point in Canada's closely-watched housing market, and here's one effect of that: We can no longer count ourselves among the countries with the world's hottest residential real estate. That might be good news for the many Toronto and Vancouver residents who are hoping for house prices to drop, but it's bad news for those who've come to count on steady house price growth to boost their wealth (or their ability to borrow more money). Canada tumbled to 37th place in the latest global ranking of housing markets from commercial real estate firm Knight Frank, from fourth place in the same survey a year earlier. That places us firmly in the bottom half of 57 countries surveyed. Read More....


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Mississauga Real Estate Board
3450 Ridgeway Dr #1
Mississauga, ON L5L 0A2, Canada
Phone: 905.608.6732
Fax: 905.608.9988