According to the Global Property Guide, Canada is among the world’s hottest property markets.
In 2013, the average home price in Canada rose 2.68%, while in 2014 the average home price rose 5.35%.
“House prices in Canada’s eleven major cities rose by 3.31% during the year to Q3 2014, up from a 1.61% annual rise in a year earlier, despite repeated market cooling measures. On a quarterly basis, house prices increased 2.33% in Q3 2014.”
You can check out the full report from Global Property Guide comparing the world’s 16 hottest real estate markets here.