What is the “Canadian Housing Market”?

What is the Canadian Housing Market? Jason Scott, Edmonton Mortgage Broker

What is the “Canadian Housing Market”?

I have a pet peeve with the way the media talks about the “Canadian housing market.” The reality is that there’s more than one Canadian housing market! When the media talks about housing prices being up or down, they’re usually talking about prices in the Toronto or Vancouver markets. However, there can be a lot of variability, even on specific streets and neighbourhoods across the country. So the next time you hear that housing prices are up 20%, or down 5%, take it with a grain of salt. The prices in your specific area might be a bit different.

About Jason Scott, Edmonton Mortgage Broker

Looking for a personalized mortgage solution? As an Edmonton Mortgage Associate,  I’ll be your trusted partner who will help you get the right mortgage for your family home or Investment property. I’m Jason Scott, and I’ll be your Mortgage Broker Edmonton.

Share This Story, Choose Your Platform!

Previous Post
What Does the Bank of Canada Rate Increase Mean for Your Mortgage?
Next Post
Down Payment Misconceptions: Buying a Rental Property

Related Posts