Skip to main content

Canada’s largest cities are the bubbliest housing markets in the world

Canada's largest markets – the metros of Toronto and Vancouver – have made it into the bubbliest housing markets in the world.

After eight years of aggressive monetary easing around the globe, and super-low mortgage rates, topped off with home prices soaring over 30% year-over-year in Toronto in March, even the government and banks are frightened.

Popular posts from this blog

最美是集美

Tuesday January 24, 2006 - 08:34pm (EST)

When I moved to Jimei 9 months ago, I was not familiar with the place. I got used to it after half a year. According to one of my neighbors, “Some part of Jimei is nice, some part of Jimei is disgusting”. Not for only once, when I walk along some beautiful quiet streets of Jimei, I feel the beauty of it and feel like in the heaven. Even till now  I am still not familiar with it, but when the bus drives along the bridge and I look at that place, I know I do know something about this place and it is part of my memory for ever. And just before the Chinese new year, I hear the song composed by one of the Jimei people. “最美是集美,集天下之美”.