Canadian Wages versus Home Price IndexCanadian wages have NOT kept up with nominal house price increases.
Housing market is as expensive today (measured in wages) as back in August 2007, before GFC.
#fintwit
Key data points
Last release
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Observation period
Feb 2025
Next release
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Forecast
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Highest
32.03 CAD / HOUR on Oct 31, 2024
Lowest
13.73 CAD / HOUR on Jan 31, 1991
About Canada Wages
In Canada, wages are benchmarked using average hourly earnings.
