Are you surprised? Did you see anything out of the ordinary on that graphic above? Windsor, looks off, but that is no surprise as it is practically a Canadian Detroit. Alberta?, Well they've got oil. Sudbury's got nickel. But seriously, Regina and Saskatoon growing 175% and 153% in nine years while Toronto grew only mere 66%? Maybe I should start a blog about Saskatoon Housing Bubble, but too bad that somebody else already does it here. Now you may say that Toronto is not in a bubble judging by this graphic. However, keep in mind that between 2002 and 2011 prices went up by about $170,000 in Regina and by over $200,000 in Toronto.
Friday, 15 February 2013
Canadian Housing Bubble Visualized
2013-02-15T17:52:00-05:00
tcb
canada housing bubble|