Canada's Mega Housing Bubble - Far Bigger than the US 2007




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Posted by Ed 2 mths ago
How do they stack up against the most splendid housing bubble in America? Holy cow!


Canadian housing markets are in a category of their own. No housing market in the US – no matter how crazy Housing Bubble 1 was, which began to implode in 2006, or how crazy Housing Bubble 2 is or was – can hold a candle to the most splendid housing bubbles in Canada. Instead of a Financial Crisis and a mortgage crisis and Housing Bust 1, the bubbliest Canadian markets only had a little-bitty dip, and within months were back on track to what would be an 18-year housing boom that is now coming undone.

https://wolfstreet.com/2019/03/14/the-most-splendid-housing-bubbles-in-canada-deflate/


https://wolfstreet.com/wp-content/uploads/2019/03/Canada-house-price-Teranet-2019-03-13-Vancouver-San-Francisco-.png


https://wolfstreet.com/wp-content/uploads/2019/03/Canada-house-price-Teranet-2019-03-13-Toronto-San-Francisco.png


https://wolfstreet.com/wp-content/uploads/2019/03/Canada-house-price-Teranet-2019-03-13-Montreal-San-Francisco.png


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