Toronto home prices (see here) are looking more bubbly.
gettingtechnical.com shows Toronto home prices way above the 24 month moving average
Wednesday, 6 July 2011
Global Housing Price Indicators - June 2011
The Economist has a nice interactive tool that allows users to compare house prices in different countries (see here). Looking at the data for Britain, Canada and the US from 1996Q1 to 2011Q2, clearly shows bubbles in Britain and the US but so far, no sign of a bubble in Canada. Japanese house prices have been steadily declining since 1989.
Toronto home prices (see here) are looking more bubbly.
gettingtechnical.com shows Toronto home prices way above the 24 month moving average
Toronto home prices (see here) are looking more bubbly.
gettingtechnical.com shows Toronto home prices way above the 24 month moving average
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