Despite Canada having a population just 12% the size of the United States, the country was home to a majority of the fastest-growing cities between the two neighbouring countries.
Toronto is the Fastest-Growing City in Canada and the U.S. →Between 2010 and 2022, real Canadian housing prices jumped 90%, making Canada one of the most expensive and unaffordable housing markets in the world.
The Visualcapitalist maps the average price of housing across Canada’s provinces and territories in 2023 (excluding Nunavut), based on data from the Canada Real Estate Association (CREA) →This graphic shows real home price growth in real estate bubble markets over the last decade
Where do Canadian cities rank? →In an effort to ease the housing shortage, the federal government is implementing new mortgage regulations, this time with an emphasis on encouraging the building of secondary suites.
How will Canada’s new mortgage rules affect your plans to buy a home? →Beyond conventional criteria — such as a $1 million+ price tag, spaciousness, lavish decor, and a prime location — lie deeper insights into the fabric of the markets that showcase Canada’s most expensive homes for sale.
Check out the 15 large cities where 50% to 80.5% of homes for sale cost at least $1 million →There are an endless variety of ways to invest in real estate, from taking out a home mortgage to building a property empire that spans the country. While the latter is probably out of reach for most of us, there’s no shortage of other options.
Here are five strategies for adding real estate exposure to your investments →Despite higher mortgages and sharply correcting prices, some cities’ property markets are still in bubble-risk territory.
The UBS Global Real Estate Bubble Index →← Curating the web to find the most interesting and helpful information about your money.