Housing Market Infographic Shows Canadian Market Will Cool Not Crash

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RateHub.ca has created a thought-provoking infographic that visually showcases how the Canadian housing market differs from the US at the height of the mortgage crisis.

Canadian housing market infographic is as visually appealing as it is factually relevant

Crash predictions have dominated the Canadian media headlines lately drawing comparisons between Canada’s housing market today and the US’s in 2007. While RateHub.ca’s infographic outlines the similarities between the markets, it also shows the fundamental differences that shield Canada from the magnitude of housing bubble and crash that occurred in the American market.

Surely Canada has the right mix of ingredients that could fuel a bubble – high housing prices, ultra-low interest rates, record levels of household debt and low income growth – yet it has also enjoyed stricter underwriting standards, legislative differences, less risky mortgage products and a governed process for funding mortgages.

Brought to life by quotes, graphs and statistics, the infographic is as visually appealing as it is factually compelling. We would love you to share the infographic with your community and have included instructions below to help you upload the image on your site and add it to your housing market conversation.

http://www.ratehub.ca/mortgage-blog/2012/03/canadian-housing-market-will-cool-not-crash-infographic/
     note: html embed code is below infographic

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Alyssa Richard

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