Home » World » Canada is the Group of Seven country where house prices rise the most

Canada is the Group of Seven country where house prices rise the most

Far from generating less demand in residential real estate, the pandemic is putting even greater pressure on all G7 countries except Japan. Within this group, which accounts for 65% of the world economy, the case of Canada is the one that attracts the most attention. Since 2005, house prices in this country have risen three times faster than in the rest of the major economies. The data as of September 2020 show that while Canadians paid 8.27% more than in 2019, in the United States the increase was less than half, reaching 3.45%.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.