Canada is world third for home price increases

The rise in Canadian home prices is only surpassed by two other countries according to analysis from Knight Frank.

The UK real estate firm’s global league table puts Turkey at the top with a 13.9 per cent increase in home prices in the year to June 2016, followed by New Zealand at 11.2 per cent. Canada’s increase was 10 per cent.

The report cites Canada’s prolonged low interest rates as the main reason for the double-digit increase in home prices. 

Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate

Market update:

Get help choosing the best mortgage rate

Just fill in a few details, and we'll arrange for a Mortgage adviser to help you find the best mortgage for your needs

  • How soon do you want a mortgage?
  • Name
  • Where do you live?
  • Phone number
  • E-mail address

Industry news

Submit a press release


Do you invest in commercial properties?