| From Ctv.ca: Canadian house prices are overvalued, but not as much as those in Australia, Hong Kong or France, according to a new worldwide survey. The data published in The Economist magazine's annual survey shows Canadian homes cost on average 23.9 per cent more than they are worth.
That's somewhere around the middle of the pack. The scale ranged from Australia at the high end, where homes are 63.2 per cent overvalued, to Japan at the low end, where houses are 34.6 per cent undervalued..............................................Full Article: Source
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