Chinese exodus hits Vancouver housing

Thursday 14 February 2019

The Teranet-National Bank House Price Index for November has been released, which shows that Canadian house prices were flat in January with annual growth falling:

Across the three major markets, values fell by 0.3% in Vancouver in January, whereas values rose by 0.1% in Toronto and 0.2% in Montreal.

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.