Canada 6-City Housing & the Plunge-O-Meter

Posted by Brian Ripley

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One chart shows the average detached housing prices for Vancouver, Calgary, Edmonton, Toronto*, Ottawa* and Montréal* (the six Canadian cities with over a million people) as well as the average of the sum of VancouverCalgary and Toronto condo (apartment) prices on the left axis. On the right axis is the seasonally adjusted annualized rate (SAAR) of MLS® Residential Sales across Canada.

The other chart tracks the dollar and percentage losses from the peak and projects when prices might find support. 

….go HERE for Larger Charts more commentary and more articles