Canadian Real Estate Prices Are Growing Over 10x The Rate of Incomes


Canadian Home Prices and Household Income


Long-term wage growth has been disappointing, to say the least, but it’s more of a recent phenomenon. Disposable income grew 79.1% from 2005 to Q4 2021, and 789.3% since 1975.


More bluntly put, 90% of wage growth in the past 46 years came from the first 65% of that period. The remaining 35% only resulted in 10% of total growth. The Great Stagnation of Household Income or A Great Inflation of Asset Wealth.


YOUR CHOICE ;-) 


The indexed value of residential real estate prices and household disposable income in Canada.






Source






Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
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