The chart above shows the average price comparison of Vancouver, Toronto & Calgary Single Family Dwellings denominated in CAD and USD along with notations of significant changes in the spot price of WTI crude oil and the currency spread.
….for larger chart and more comment go HERE
The chart above shows the “real price” of Vancouver, Toronto & Calgary SFDs when looked at from the point of view of the BoC Canadian Commodity Index (CCI) and Borrowing Costs (retail 5yr Mortgage) which are the main input costs apart from operating expenses and tax.
…for larger chart and more comment go HERE
