Canada 6-City Housing Prices & the Plunge-O-Meter

Posted by Brian Ripley's Canadian Real Estate Charts

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​​In April 2017 Canada’s big city metro SFD prices coiled about or slid off their near term highs except in Ottawa and Montreal where detached houses fetched new peak prices. Anyone owning a detached house in the scorching hot Toronto and Vancouver markets is sitting on an unredeemed lottery ticket. 

In Calgary prices are labouring under the new Energy Sector 2.0 as the oil majors head for blacker fields; big money is fleeing Canada (and has been for nearly 20 years) and on the street, Calgary buyers are avoiding condo units in favour of townhouses and detached properties. 

….read more HERE 

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….read more HERE