Canada housing market touching the peak of sustainability

[canada_com]

All the countries have been facing financial hardship because of the recession of 2007-2009.  The countries mostly affected by the recession are the European countries and America. In addition, the household debt in these countries has been increasing. Thus, the real estate sector too has been facing lows. However, the situation is a bit different in Canada.

www .CanadaUpdates. com

[newtone]

Recession? what recession?

Prices of real estate has increased to monumental levels in major Canadian cities.......Canadians are still buying
Gas prices are rising........ Canadians are still buying
Food prices are rising........Canadians are still buying
Rate of inflation is high........Canadians are still buying
Level of household debt is rising.......Canadians are still buying
Canadian banks are making more money......Canadians are still buying

The best part is this has all happened while the world was/is in recession.......So.... Recession....eh? what recession?

[steaky]

Hong Kong property market is still hot.  Rent is more expensive than Canadian cities.