June 2018 M T W T F S S « May 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
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
Understanding the driver of asset bubbles Perhaps the greatest distinction between those economists who have correctly identified asset bubbles in the past and those whose economic models failed to identify them is the ability of the former group to recognize … Continue reading
CMHC feeling the heat If you’ve read this blog for any time now, you’ll know my position on CMHC policies: They are inherently self-defeating and act as the enabler to Canada’s housing addiction. Most concerning, CMHC guarantees over half a … Continue reading
Reckoning day for the mortgage market? Today’s the day that the axe falls on the 35 year amortization mortgage. As of today, being approved for a mortgage gets just a little tougher. In addition, the amount of home equity that … Continue reading
Employment misses consensus Stats Canada released their most recent employment numbers today. The headline stat reported in most media outlets is the 15,000 net new jobs created in February. However, aside from that stand-alone headline, the report is actually very … Continue reading
The 4th primer on the role of CMHC in inflating Canadian house prices has now been turned into a video. Enjoy.