Tag Archives: alberta

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

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

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