Summary
U.S. investors betting on an epic U.S. style housing bust occurring in Canada have been doing so for a considerable period with no clear proof.
Claims of a broad-economy wide housing bubble that is ready to burst are significantly overstated with no clear evidence that a bubble exists.
The majority of price growth is coming from Vancouver and Toronto and there are specific reasons supporting higher prices in those markets.
The conditions in Canada’s housing market are strikingly different compared to those that existed in the U.S. during the lead-up to the 2007 housing meltdown.
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