Canadians are googling ‘housing bubble’ like mad Apr 16th

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Canadians are googling ‘housing bubble’ like mad(Julianna Funk/iStock)
If Google is any indication, awareness of Canada’s housing bubbles is spreading fast.
As the following chart based on Google’s search trend tool shows, worldwide searches for the term “Toronto housing bubble” have exploded in recent months. This, of course, has occurred alongside both surging prices and increasing warnings about the level of speculation in the market.

READ MORE: How Canada completely lost its mind over real estate
What’s also striking is the degree to which people in Toronto and its sister bubble city Vancouver are searching the term “housing bubble” relative to people in other red hot real estate cities around the world. Residents of Toronto and Vancouver have shown such an acute interest over the past year in housing bubbles that it puts them at the top of the global heap, outpacing Sydney, Melbourne and London—other cities known for their frothy property markets.
READ MORE: Canada’s housing bubble looks disturbingly familiar

Google has proven to be an interesting indicator of public sentiment…

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