Vancouver house prices dive as credit, Chinese buyers dries-up

Thursday 16 May 2019

The Teranet-National Bank House Price Index for April has been released, which shows that Canadian house prices were flat in April with annual growth falling to 1.2%:

Across the three major markets, values fell by 0.4% in Vancouver in April and by 0.2% in Montreal, whereas values rose by 0.3% in Toronto.

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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.