If they admit a bubble means that the worthless Canadian dollars will devalue 20%+ they cant fuel more liquidity into RE + will be a disaster for the economy.
Canada lack if innovation blow RE bubble cant create jobs other than RE.
Yes - the poor youth of burlington. Meanwhile I got into my house for under 100k in New Brunswick.
Is this a nationwide housing bubble, or a bubble in Canada's cities? Because it seems a bit daft to me that our finance critic would try to suggest it's the same across this country
$1M for Burlington semi-detached is a steal deal. Compact 3-bed/1 garage freehold townhouses (the smallest freehold single-family units possible) are clearing at $1mn and a tad. Condo townhouses with monthly fees are quoting $800K - $850K.