Canada Flight

A few months ago, I wrote about the fact that with U.S. houses priced as they are, and the strength of the U.S. dollar, it was perhaps time to consider shopping for your next property somewhere up north. Since then, the housing market has stayed strong, the dollar has stayed strong, and Chinese investment in the high-end of U.S. properties has continued. As a result, we’re now seeing actual flight from our neighbors to the north. Canadians are using the current housing/dollar market to take some profits.

 

Toronto

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