CANADA: Vancouver, Calgary, Edmonton, Toronto, Ottawa & Montréal
The chart above shows the average detached housing prices for Vancouver, Calgary, Edmonton, Toronto, Ottawa* and Montréal* In April 2013, Vancouver prices remain on support after the plunge from the April 2012 peak comparable to the 2008-09 rout (Plunge-O-Meter). Toronto, Calgary and Edmonton have all met resistance near their highs. On the Momentum Chart Calgary has suddenly turned down joining Toronto in heading towards the zero momentum flat line while Vancouver is deeply negative. (*Ottawa data are combined residential; *Montreal are median not average).