Canada Real Estate Bubble Grew Faster Than Any G Seven Country In The Past Thirty Years
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Canadian residential real estate prices surged at one of the fastest rates on record. Real home prices are up 6.89% in Q2 2021 and are now 25.60% higher than the same quarter a year before. Both the quarterly and annual increases are the largest in the G7 by a wide margin. In fact, annual growth hasn’t been this high in a looong time.
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