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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.