Should I Buy or Rent? A mathematical guide to help you keep up with the Joneses
Canadian Housing Markets
The charts below show the performance of Canadian housing markets relative to the stock market since 2000.
The gap between Toronto real estate and the stock market is fairly minimal since 2000 at current prices. Toronto real estate has averaged a 5% yearly increase since 2000, with a significant dip during the past recession. The stock market has experienced more volatility, but periods of higher growth after the troughs.
Prior to 2006 the housing market was comparable to Toronto. Calgary had a period of phenomenal growth between 2006 and 2008, thanks to world energy prices. The Calgary housing market has underperformed the stock market since 2009.
The Vancouver housing market has essentially outperformed the stock market since 2000.