Tag Archives: house

”I should be very worried about Canada” -Paul Krugman

Well the monthly round-up is consuming a bit more time than expected.  I’m hoping to release the final numbers tomorrow instead. However, I would like to quickly highlight a very brief blog entry by Nobel Prize winning economist Paul Krugman.  … Continue reading

Posted in Economy, Real Estate | Tagged , , , , , , , | 8 Comments

Interesting article in The Economist: ‘Bricks and Slaughter’

I’m just compiling the real estate data from the various boards for the monthly ‘Tour through the board stats’ feature.  Should be done later today. In the meantime, I enjoyed this interesting read courtesy of The Economist: Bricks and Slaughter … Continue reading

Posted in Real Estate | Tagged , , , , , | 9 Comments

Scotia calculates the risk of sharp housing correction is ‘low’; Gaping holes in their logic

I want to spend a bit more time looking at the Scotia Economics report on Canadian real estate trends released yesterday.  The report can be found here. In particular I want to zone in on page 4 which has as … Continue reading

Posted in Real Estate | Tagged , , , , , , , , , , , , , | 23 Comments

Why falling house prices will pull at employment (not the other way around)

Why a housing downturn would hurt employment This is a topic I discuss often on this lowly blog.  It’s a source of confusion for many people as most see employment as buoying house prices, not the other way around.  I … Continue reading

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

A call for data: Just how much of a role does Hot Asian Money play in the Vancouver real estate market?

Vancouver debate continues… I’m currently having an interesting discussion with a couple frequent commenters on this blog in the comment section of a previous post.  It’s a discussion that has been pitting the Vancouver housing bulls against the Vancouver housing … Continue reading

Posted in Real Estate | Tagged , , , , , , , , , | 65 Comments

CREA releases final national resale numbers for January

CREA released their January Canadian resale numbers today. Not a whole lot in here for either the bear camp or the bull camp to get excited about. The strength in sales and listings were largely expected.  In total, sales have … Continue reading

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

Quick tour through the board stats: January 2011

It’s that time of the month again.  Let’s dive into the monthly board stats and see how things are shaping up.  The board press releases can be found by clicking on the city name. Victoria Residential sales totaled 339, a … Continue reading

Posted in Monthly real estate board stats, Real Estate | Tagged , , , , , , , , , , , , , , , , | 13 Comments

More on the Capital Economics house price report

I was able to get my hands on the Capital Economics report (hyperlink removed at the request of the authors -ed._ .  The report mirrors exactly what I’ve been warning about on this blog…nearly verbatim.  You can understand then why … Continue reading

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

Capital Economics report suggests that rising interest rates could trigger housing collapse

Rate hikes could trigger Canadian housing collapse At least that’s the conclusion of a new report from Capital Economics who have calculated that home prices could fall 25-35% as the overnight interest rate from the Bank of Canada rises from … Continue reading

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

Is homeowner equity a predictor of future price movements?

There’s been quite a buzz about Vancouver detached homes hitting a new all-time high.  I will address that data in my monthly tour of board stats just as soon as the data packages are released at the other big boards, … Continue reading

Posted in Real Estate | Tagged , , , , , , , , , , , , | 19 Comments