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  1. Nov 12, 2022 · Some economists are proclaiming that the Canadian housing bubble has burst. Housing markets have indeed slowed considerably since their peak in February and March, but, unfortunately, economic bubbles are notoriously hard to identify and are often observed only after they burst.

  2. Sep 22, 2023 · Rising interest rates and soaring inflation have helped to quell Toronto’s risk of a housing bubble, but the city’s real estate market remains woefully overvalued. Toronto placed seventh on the newly released UBS Global Real Estate Bubble Index 2023, with a score of 1.21.

  3. May 10, 2022 · The biggest reason people point to a housing bubble in Canada is the increasing growth in prices, the way it has made homeownership less affordable for average people, and more attractive to investors and speculators who see real estate as a great way to make money.

  4. Jan 6, 2022 · Canadas 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.

  5. 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.

  6. Oct 22, 2022 · Torontos real estate market will crash 30% or more by the spring, economists say. How bad will it be? The biggest housing bubble in the world is popping and prices are predicted to crash...

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  8. 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...

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