- Financial Insights is now TheEconomicAnalyst.com
- Very important message to my readers
- Inflation tops expectations.....is a rate hike now all but assured?; Will Canada be 'going dutch'?
- 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"
- How important is construction to economic growth and employment across Canada?: Part 2
- China's property bubble at risk?; What is driving oil prices?; Greek bond yields explode as Germany states support for restructuring
- How important is construction to economic growth and employment across Canada?: Part 1
- Bank of Canada holds the line; Royal LePage releases 'research report'; "Canadian 30 year olds are screwed!"
- Measuring the potential economic impact of a housing bust
- "Housing: Real Insanity".....Great article in Canadian Business
October 2021 M T W T F S S 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 31
Tag Archives: housing
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
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
I’m working on a neat series looking at the historical percentage of GDP derived from residential construction in different provinces and connecting that to the change in the percentage of the workforce employed in construction over time. It might give … 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
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
I continue to work with some CREA data to find historic relationships between house prices and other factors. I posted earlier on the historic correlation between house prices and per capita GDP, which shows significant overvaluation on a nation wide … Continue reading
You may recall that David Madani from Capital Economics released two reports earlier this year which were exactly in line with the preditions on this blog. In the first report, he outlined his concerns about the Canadian real estate market, focusing on … Continue reading
I’m currently working with some data to show the historic relationship between house prices in Canada and various other factors such as inflation, population growth, immigration, income, mortgage debt, rents, etc. I’ll share the data as I complete it and … Continue reading
The ‘tapped out’ consumer Scotia economics has reiterated a call that I’ve been sticking to all year: The Bank of Canada will be highly hesitant to raise rates later this year…..if at all. But for the housing bulls who frequent … Continue reading