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Canadian Real Estate Prices Turn Negative According To The US Federal Reserve

Canadian real estate prices aren’t doing so hot, according a branch of the US Fed. Federal Reserve BAnk Of Dallas (Dallas Fed) numbers show real estate prices across Canada have turned negative in Q2 2018. The negative numbers are the first for Canadian real estate prices, since the Great Recession.

Real House Prices… As Opposed To Fake Ones?

A quick primer for those that need one. Fancy pants economists use “real” prices to make trend comparisons over time. The term real just means the numbers have been adjusted to the same year’s dollar value. You might be more familiar with the term “inflation adjusted,” but that would just be too easy. Real numbers allow trend observation, without worrying about the diminishing power of money over time. That becomes particularly important when comparing historic trends, when inflation was much higher.

Canadian Real Estate Prices See First Decline Since 2009

Canadian real estate prices are showing mixed movements. Prices in the second quarter of 2018 are up 1.37% from the previous quarter. The quarterly gain wasn’t enough to keep prices afloat, which are down 3.45% from last year. The decline represents the first annual negative growth since 2009. Remember, this isn’t just your major cities – it’s prices across the country.


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Tim Siefert

Canadian real estate prices are somehow increasing this year and real estate market is showing good signs. I got knowledge on http://amusicblogyea.com/2018/07/10/10-effects-how-music-impacts-on-your-health/ as I also belong to the real estate industry and I am well aware of the ups and downs of real estate market industry. I think market will show significant increase in pricing this year.

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I am glad to read about your blog where you have described outstanding information. aybabag

Williamson James

I will prefer Canada for buying property in stead USA because Canada is a perfect country with australian writings review no political issues. I love the ambience of this country as well because there is every sort of natural thing available there.

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