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CANADIAN HOUSING MARKET WILL COOL, NOT CRASH [INFOGRAPHIC]

We’re excited to launch Ratehub.ca’s first ever, but certainly not last, infographic.

With crash predictions dominating the Canadian media headlines lately we decided it was time to step in and do our own research. We set out to compare Canada’s housing market today against the US’s in 2007 and outline both the market similarities as well as the fundamental differences that shield Canada from the magnitude of the housing crash that occurred in the American market.

[hint: click on the image to enlarge]
Is Canada headed for a US-style subprime mortgage crisis?
mortgage rates infographic by Ratehub.ca

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https://www.ratehub.ca/images/infographics/canadian-housing-market.jpg

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