Comments on: Canadian Real Estate Appreciated 11% A Year Over Long Term http://www.therealestatebloggers.com/2007/01/24/canadian-real-estate-appreciated-11-a-year-over-long-term/ Real Estate Blog, Mortgage, and Development News Mon, 15 Mar 2010 01:17:42 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Alexander http://www.therealestatebloggers.com/2007/01/24/canadian-real-estate-appreciated-11-a-year-over-long-term/comment-page-1/#comment-169127 Alexander Tue, 19 Feb 2008 21:37:01 +0000 http://www.therealestatebloggers.com/2007/01/24/canadian-real-estate-appreciated-11-a-year-over-long-term/#comment-169127 Data can certainly be misleading at times. Data can certainly be misleading at times.

]]> By: Mea Culpa: Canadian Housing Did Not Grow 11 Percent, Instead 5.3 Percent — The Real Estate Bloggers http://www.therealestatebloggers.com/2007/01/24/canadian-real-estate-appreciated-11-a-year-over-long-term/comment-page-1/#comment-50272 Mea Culpa: Canadian Housing Did Not Grow 11 Percent, Instead 5.3 Percent — The Real Estate Bloggers Sun, 24 Jun 2007 17:59:00 +0000 http://www.therealestatebloggers.com/2007/01/24/canadian-real-estate-appreciated-11-a-year-over-long-term/#comment-50272 [...] week I reported a story out of the Ottawa Citizen that housing in the country had risen over 25 years by 11 percent [...] [...] week I reported a story out of the Ottawa Citizen that housing in the country had risen over 25 years by 11 percent [...]

]]> By: Tom http://www.therealestatebloggers.com/2007/01/24/canadian-real-estate-appreciated-11-a-year-over-long-term/comment-page-1/#comment-30253 Tom Sat, 27 Jan 2007 20:21:09 +0000 http://www.therealestatebloggers.com/2007/01/24/canadian-real-estate-appreciated-11-a-year-over-long-term/#comment-30253 You guys are right, stupid me for trusting a newspapers numbers. I will revisit this post with the proper numbers. You guys are right, stupid me for trusting a newspapers numbers. I will revisit this post with the proper numbers.

]]> By: Stephen Bond http://www.therealestatebloggers.com/2007/01/24/canadian-real-estate-appreciated-11-a-year-over-long-term/comment-page-1/#comment-30251 Stephen Bond Sat, 27 Jan 2007 19:11:46 +0000 http://www.therealestatebloggers.com/2007/01/24/canadian-real-estate-appreciated-11-a-year-over-long-term/#comment-30251 They took an 11% rise in the first year ($8,360) and added that amount 24 times. This is terribly misleading. The actual annual increase in the example they use is under 5.5 percent. Hope this was a mistake and not deliberate. The Ottawa Citizen should check these things before they print them. They took an 11% rise in the first year ($8,360) and added that amount 24 times. This is terribly misleading. The actual annual increase in the example they use is under 5.5 percent. Hope this was a mistake and not deliberate. The Ottawa Citizen should check these things before they print them.

]]> By: Buford Twain http://www.therealestatebloggers.com/2007/01/24/canadian-real-estate-appreciated-11-a-year-over-long-term/comment-page-1/#comment-28693 Buford Twain Wed, 24 Jan 2007 20:57:27 +0000 http://www.therealestatebloggers.com/2007/01/24/canadian-real-estate-appreciated-11-a-year-over-long-term/#comment-28693 If the housing prices in Canada had gone up 11% annually for 25 years then a $76k house would be worth over $1 million. Their math seems completely wrong. 11 % annually for 25 yrs = (1.11) ^ 25 = 13.6 13.6 * $76k = $1.03 million If the housing prices in Canada had gone up 11% annually for 25 years then a $76k house would be worth over $1 million. Their math seems completely wrong.

11 % annually for 25 yrs = (1.11) ^ 25 = 13.6

13.6 * $76k = $1.03 million

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