Price tags on homes in Canada jumped 19 per cent in December from a year earlier and housing prices are on pace to climb another 5.4 per cent to a new all-time record this year, according to the latest figures from the Canadian Real Estate Association.
(Bubble or Babble? continued...)Tag Archives: bubble
Record Sales Spark Bubble Talk
Record sales and prices of existing homes in Canada towards the end of 2009 has stirred further debate of a housing bubble in British Columbia.
(Record Sales Spark Bubble Talk continued...)Will Government Put the Brakes On?
Canadian real estate market keeps the aggressive pace for several months and federal government becomes worried. Finance minister Jim Flaherty considers a counter action to stop the potential bubble.
(Will Government Put the Brakes On? continued...)