Canadian household debt relative to assets (19 %) and net worth (24 %) is below prior peaks of 20 % and 25 % respectively. (ryancoyle.com)
Rent growth is strong in virtually all multifamily markets, with half of the markets already exceeding prior peak rents. (nreionline.com)
Also, with fast improving sentiment & even some economic momentum, there's an opportunity to selectively look back & incorporate prior peak operating margins / earnings as a component of some valuations. (wexboy.wordpress.com)