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Tag: House Price To Income

Canada

Canada Has The Second Most Overvalued Real Estate of Any Advanced Economy

March 21, 2022

Canadian real estate prices are pushing the limits of affordability. Not just for Canada, but any advanced economy. Canada came in second on the OECD house price to income ratio index. The index, measuring an affordability fundamental, shows the country’s housing is severely overvalued. It also reveals Canada has the second fastest growing gap between […]

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Canada | Global

Canadian Housing Is The Least Affordable In The World… For Local Incomes

May 27, 2019

Canadian home prices have been growing at a breakneck speed, and incomes aren’t even close to keeping up. Organisation for Economic Co-operation and Development (OECD) numbers show Canada topped the house price to income index. Canada’s gap between house price and income growth grew so fast, it tops the list of high-income, advanced economies. House […]

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