Moving to Canada

Out of context: Reply #42

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  • ETM0

    One thing to be aware of. Saskatoon, Vancouver and Toronto are on the verge of housing bubbles busting. It won't be the US problem. But you don't want to buy a house then have it devalue a large percentage, locking you in.

    Not sure about Montreal or Ottawa, but Calgary recently have a "market correction" rather than a bust that saw some homes drop 10-15%. The average home here costs about $350k-$400k. During a recent provincial worker shortage in 2007-2009, the average home price jumped up to $475k-$500k.

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