Old Houses From Canada Find A Home In Washington State
BENGALURU (Reuters) – The sharp acceleration in Canadian home prices shows no sign of abating this year, though economists expect the pace will be reined in by high household debt and a growing lack of affordability, a Reuters poll found. As the chart—which is indexed to 1998, as far back as the Teranet-National Bank house price index goes—reveals, though U.S. housing prices have climbed back from the lows of the subprime mortgage crisis in some cities, only San Francisco, home to booming Silicon Valley, has kept pace with Toronto’s house prices—and no U.S. city comes close to Vancouver’s real estate…