Story perspectives
Canada's Housing Market Corrects, Australia Sees Rising Prices
10/17/2025
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Story summary
- Canada's housing market is correcting after its 2022 peak, with affordability remaining a major concern.
- In Toronto, a typical home now requires an income of $200,160.
- In Vancouver, the requirement is $234,700.
- Australia's housing prices are rising, with investor optimism at its highest since 2011.
- The Reserve Bank of Australia remains cautious about further rate cuts to maintain economic stability amid geopolitical risks.
