Booms & Busts of Canada’s Largest Markets

An RBC report out today focusing on the Vancouver real estate market had 3 very interesting charts at the conclusion.

It chronicles booms and busts from the 1980’s to today, showing in nominal and real prices the percentage change from peak to trough.

Most recently we can see how the Alberta market has trailed other cities in terms of post-recession resurgence.

Source of charts: here

Nominal Prices (click to enlarge image)

Real Prices (click to enlarge image)

(click to enlarge image)

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