Category Archives: Real Estate

Discussion, Analysis, Predictions, and Advice

Stocks sell off as S&P cuts US outlook; Does a drop in foreign demand for Canadian bonds signal rising fixed interest rates?; Greek restructuring would be “catastrophic”

Stocks sell off as S&P cuts US outlook Big news of the day is the downgrade in the US outlook by rating giant Standard and Poor’s.  There can’t possibly be too many analysts who don’t see storm clouds on the … Continue reading

Posted in Economy, Real Estate | Tagged , , , , , | 20 Comments

How important is construction to economic growth and employment across Canada?: Part 2

In part 1 of this series we looked at construction employment as a percentage of total employment, and residential construction as a percent of GDP for all provinces from BC east to Ontario. If you haven’t read that post, make … Continue reading

Posted in Economy, Real Estate | Tagged , , , , , , , , , | 6 Comments

How important is construction to economic growth and employment across Canada?: Part 1

In a previous series we examined house prices relative to GDP growth across Canada.  That data seems to suggest that a significant level of overvaluation exists in many provinces from Ontario west (Quebec data was absent in that series).  Hopefully … Continue reading

Posted in Economy, Real Estate | Tagged , , , , , , , , , | 56 Comments

Bank of Canada holds the line; Royal LePage releases ‘research report’; “Canadian 30 year olds are screwed!”

Bank of Canada holds the line Those with variable rate mortgages can breathe a sigh of relief as the Bank of Canada held the line on interest rates today, as expected, keeping the overnight rate at a paltry 1%. Despite … Continue reading

Posted in Economy, Real Estate | Tagged , , , , , , , | 11 Comments

Measuring the potential economic impact of a housing bust

We do in fact live in unique times.  While we can disagree on exactly what the future holds for real estate in Canada and what implications (if any) this may have on the economy, we can not disagree on certain … Continue reading

Posted in Economy, Real Estate | Tagged , , , , , , | 6 Comments

“Housing: Real Insanity”…..Great article in Canadian Business

A quick note to my readers:  Posts will be a bit sparse over the next two weeks while the final bugs are worked out of the new site. Within a couple weeks, this blog will exist no more.  The transition … Continue reading

Posted in Real Estate | Tagged , , , , | 12 Comments

Is a Canadian first time home buyer’s strike in the works?

RBC releases first time home buyer survey As Australia wrestles with a housing bubble that dwarfs our own, home buyers in Australia have wisely clued in to the dangers of buying at such inflated prices and have been busy organizing a … Continue reading

Posted in Real Estate | Tagged , , , , , | 37 Comments