Housing market smashes new records in January, average price now up 21% in past year | CBC News

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Average Canadian home price hits all-time record of almost three-quarters of a million dollars - up 21% in a year.

 

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Enact emergency powers to stop this

Ha! Wait till the banks increase interest rates, probably within 6 months. It will make the Great Depression look like a picnic.

The gov needs to increase the supply. This is just fucking insane

Don't forget that part of the price increase is houses have been getting bigger (more sq. ft.) year by year for 60 years or so. They are a lot bigger than they were on average. There also are fewer people per house. There are many causes of high prices - and this is one of them.

it's going to be pretty ugly when this bubble pops

Allow tiny home communities!!!

Greed Greed Greed

Merman13Moisty

Let's say it again for those in the back.... SINGLE PROPERRTY HOUSING LAWS.

Housing crisis ?

Awesome 😳

A crash is definitely coming. How many trillions did america print out of thin air again?.. This will f the whole world eventually.

Trudeau-flation

This is so alarming.

Fabulous! Or what a nightmare! One of those.

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