Canada Feb Teranet house price index 9.8% y/y vs 9.6% prior

Canadian February house price data from National Bank and Teranet

Canada Feb Teranet house price index
  • Strongest y/y gain since Sept 2017
  • Prior was +9.6% y/y
  • Prices +0.5% m/m vs +0.3% expected
  • Full report

Canadians are making more money on housing than working. Prices are rising by $10,000 per month in many places. It's out of control.

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