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FCAN - The Most Splendid Housing Bubbles In Canada Deflate Further
FIRST TR EXCH ALPH
Vancouver prices drop. Toronto down 3.7% from peak, flat for 10 months. Winnipeg plunges most since at least 1990. Quebec City flat for six years.
In Greater Vancouver, BC, Canada, house prices fell 0.4% in April from March, the ninth month in a row of month-to-month declines, according to the Teranet-National Bank House Price Index. The index is down 4.7% from the peak in July 2018, the sharpest nine-month decline since July 2009. And it's down 2.8% from April last year. One of the most splendid housing bubbles in the world is now deflating