Statistics: 13.1% in Hamilton, 42.9% in Nanjing

13.1% in Hamilton 42.9% in Nanjing

Somewhere along the way, real estate became a global commodity. It’s the butterfly effect, free trade, urbanization, capital markets, the rise of the east… I don’t know…but I do know that what happens in Nanjing effects real estate in Hamilton, what happens in Toronto, effects us here.

Speaking of which, as we wait for the real estate statistics to come out telling us that the average price of homes in KW rose last year by 10% (give or take) here are some numbers from the 3rd quarter of price increases around Canada:

24% in Vancouver

17.9% in Victoria

16.4% in Toronto

13.1% in Hamilton

 

And in China:

42.9% in Nanjing

39.5% in Shanghai

34.5% in Shenzhen

Read the whole report here

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