Canadian home prices up record 28% y/y in January - CREAHome sales volumes +1% m/m in January
Non-seasonally adjusted sales -10.7% y/y
Home prices index +2.9% m/m
Prices up record 28% y/y
I'm increasingly convinced we're in the blow-off top phase of the Canadian housing bubble. Many markets -- some a far distance from major centres -
Source: Canadian home prices up record 28% y/y in January - CREA (https://www.forexlive.com/news/canadian-home-prices-up-record-28-yy-in-january-crea-20220215/)
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