Canada Ranks Among World’s Hottest Property Markets

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.

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