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Nov 14, 2023 · A real estate bubble occurs when property prices soar to unsustainable levels, driven by speculative buying and excessive demand. This exponential upward trend is often dictated by factors...
Aug 30, 2023 · An analyst who describes Canada as sitting on one of 'the largest housing bubbles of all time' warns that if it bursts, the country could be thrown into a deeper recession than forecasted.
Jan 6, 2022 · Canada’s housing market is sick and grossly distorted. It causes tenants to live in constant fear of eviction and ensures that the unhoused sleep on the streets. The subordination of housing needs to profit has created a dangerous bubble that threatens an economic catastrophe.
The Canadian property bubble refers to a significant rise in Canadian real estate prices from 2002 to present (with short periods of falling prices in 2008, 2017, and 2022) which some observers have called a real estate bubble.
Jul 8, 2021 · Based on fundamentals this market is clearly in a bubble. Now, there are signs that the bubble could be about to finally burst. Here’s a closer look at what lies ahead for Canada’s real estate...
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Nov 12, 2022 · Does the 49 per cent decline in sales constitute a burst bubble? Consider that the ultra-low interest rates introduced earlier in the pandemic fuelled sales growth such that relative to 2019, 60,000 more homes were sold in 2020 and more than 170,000 were sold in 2021 in Canada.
