Chinese exodus sucks down Vancouver housing

Thursday, 14 March 2019

The Teranet-National Bank House Price Index for February has been released, which shows that Canadian house prices fell 0.4% in February with annual growth falling to 1.9%:

Across the three major markets, values fell by 0.7% in Vancouver in February and by 0.2% in Toronto, whereas values rose by 0.4% 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.