Tag Archives: alberta

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

Posted on April 13, 2011 by financialinsights

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

A regional look at Canada’s housing bubble: Part 1

Posted on April 1, 2011 by financialinsights

Introduction I recently highlighted the fact that aggregate Canadian house prices appear to be significantly overvalued relative to GDP per capita (one of the key determinents of income….all things being equal, higher income levels should equate to higher house prices). … Continue reading →

Posted in Real Estate | Tagged , , , , , , , , | 41 Comments