Canadian Real Estate outperforms in Developed World
Canada’s housing market stands out among developed world nations for its resilience and longevity, according to a recent report by Scotia Economics.
Although economic slowdown is occuring globally, Canada remains a “notable outperformer ” among global nations, according to the latest Global Real Estate Trends report, quoting Adrienne Warren, senior economist and real estate specialist at Scotia Economics. Of nine major developed markets tracked by the bank, only Canada, France and Switzerland registered positive year-over-year price growth.
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