Incorrect headline. Home PRICES skyrocketed. Home values, did not. 

I can "afford" Canadian real estate - i.e., I have the money. But I cannot think of anything less of a "value" than Canadian real estate. And thus I wouldn't touch it with a barge pole. Poorly constructed, over-priced, in a terrible climate and worsening economy with literally no good news in the near to mid-term - what could go wrong?