Why Canadian home prices have exploded compared to the U.S.

Some are calling the U.S. housing market a bubble but price increases pale in comparison to Canadian real estate.

Even though disposable income is neck and neck, Canadian house prices charts have gone up in a nearly straight line. We got answers to why there is such a big difference between the two countries.

We’ve been getting monthly updates from the ground floor from Realosophy Realty’s John Pasalis and Oakwyn Realty’s Steve Saretsky, who help make sense of it all, with advice for anyone buying or selling a home.

Also See: The latest real estate news for housing prices, mortgage rates, markets, luxury properties and more at Yahoo Finance Canada.

They answered viewer questions and shared their thoughts on where they see markets going

If you have questions, email them to jessybains@yahoofinance.com and John or Steve will answer them on the next episode.

Jessy Bains is a senior reporter at Yahoo Finance Canada. Follow him on Twitter @jessysbains.

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