Nominal growth of residential property prices in the local currency reached 12.1% in 2017 in Canada, according to the National Statistical Office. This is 21.7% more than in the previous year.
Historically, nominal growth of residential property prices in the local currency in Canada reached an all time high of 27.5% in 1974 and an all time low of -5.52% in 1982.
Canada has been ranked 5th within the group of 71 countries we follow in terms of nominal growth of residential property prices in the local currency.
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