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Y/Y (YOY)

An abbreviation for “Year-over-year.”

In other words, it means “compared to last year at this time.”

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Last modified: December 21, 2008

Robert McLister is one of Canada’s best-known mortgage experts. A mortgage columnist for The Globe and Mail, interest rate analyst and editor of MortgageLogic.news, Rob has been covering Canada's mortgage market since 2007.

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