Real growth of residential property prices in local currency reached 10.5% in 2017 in Canada, according to the National Statistical Office. This is 23.1% more than in the previous year.
Historically, real growth of residential property prices in local currency in Canada reached an all time high of 16.6% in 1974 and an all time low of -16.3% in 1982.
Canada has been ranked 5th within the group of 71 countries we follow in terms of real growth of residential property prices in local currency.
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