Home > real-estate > Canada Resale Housing – Rise, fall, rise, collapse?

Canada Resale Housing – Rise, fall, rise, collapse?

Transaction Date 6-City Composite BC_Vancouver AB_Calgary ON_Toronto ON_Ottawa QC_Montreal NS_Halifax
Peak-to-Trough Drop -12% -15% -15% -12% -14% -12% -11%
Trough-to-Current Rise 17% 19% 18% 18% 21% 21% 17%
1999-2010 Annual Rate 6.50% 7.71% 7.60% 5.19% 5.74% 7.47% 6.14%
1999 to 2008 Peak 96.29% 125.02% 150.73% 69.76% 78.72% 109.63% 86.23%

Peak-to-Trough: The percent drop in existing home prices from their peak in Spring 2008 to the trough in Spring 2009.

Trough-T0-Current: The percent rise in existing home prices from the trough in Spring 2009 to the April 2010

1999-2010 Annual Rate: The compounded annualized growth rate in existing house prices…

Rise-to-previous peak: Total percent increase in existing home prices from 1999 to their Spring 2008 peak.

Source: Teranet

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  1. March 7, 2011 at 8:55 AM

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