Canadian Residential Real Estate Now Worth More Than 3x GDP and other interesting facts.

Ontario’s housing market reached a $2.8 trillion valuation in 2020, up 6.1% from 2019. Nearly half (46.6%) of Canada’s home price valuation is in the province of 0ntario. Canadian housing is valued at more than 300% of the country’s gross domestic product (GDP). The national assessment value was up 2.5% or $146.0 billion from 2019.

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