Friday, 15 February 2013

Canadian Housing Bubble Visualized

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.


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