Canadian Housing Bubble?
February 9th, 2010
| Categories: Market Minds, The Big Picture
Yesterday’s WSJ had an article about Canada’s Housing market. ( Housing Rebound in Canada Spurs Talk of a New Bubble ). The article noted that “ Average home prices in Canada have risen 23% from their trough in January 2009. Home-sales volumes are up 70% over the same period . . . Canada’s housing recovery has been so rapid that some here are worrying about a bubble. ” But to call it a rebound misses the point.
Originally posted here:
Canadian Housing Bubble?
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