A new CCPA study finds that for the first time in 30 years, six of Canada's hottest real estate markets are in a housing bubble. Canada’s Housing Bubble: An Accident Waiting to Happen [2] examines trends in house prices in Toronto, Vancouver, Calgary, [2] Edmonton, Montreal and Ottawa between 1980 and 2010 and finds price increases in those cities are outside of a historic comfort level.
Click here [2] to read the full report. Click here [3] to read an interview with David Macdonald, the study's author.