Tag Archives: interest rates

Bank of Canada holds the line; Royal LePage releases ‘research report’; “Canadian 30 year olds are screwed!”

Bank of Canada holds the line Those with variable rate mortgages can breathe a sigh of relief as the Bank of Canada held the line on interest rates today, as expected, keeping the overnight rate at a paltry 1%. Despite … Continue reading

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

Lessons in mass psychology courtesy of the RBC housing survey….Does it also point to a potential buyer drought later in 2011?

Glimpses into mass psychology RBC released a housing survey yesterday.  It is full of mostly useless information, but there were a few tidbits that jumped out at me. First of all, the survey notes that 90% of Canadians still feel … Continue reading

Posted in Real Estate, Social trends | Tagged , , , , , , , , , , , | 17 Comments

Should everyone rent? When does it make sense to buy? A closer look at the price/rent ratio…

These are great questions.  I receive a couple emails each week from people looking for advice on this topic.  Some are potential first time buyers, but many are existing home owners.  My advice to those people may surprise my readers … Continue reading

Posted in Real Estate, Social trends | Tagged , , , , , , , , , , , | 25 Comments

Revisiting predictions: Commodities still hanging tough, public sector unions under fire, European debt crisis intensifies, interest rate predictions

Revisiting predictions Now two full months into the new year, it’s worth stopping for a moment and taking stock of how things are shaping up.  You’ll recall that I made some predictions for 2011 back at the beginning of January.  … Continue reading

Posted in Economy, Social trends | Tagged , , , , , , , , , , , , , , , , , , , | 7 Comments

Tour through the board stats: February 2011

It’s that time of the month again.  Let’s once again turn our eyes to the stats released by the big real estate boards and look for developing trends. You may recall that finance minister Jim Flaherty announced new mortgage rule … Continue reading

Posted in Monthly real estate board stats, Real Estate | Tagged , , , , , , , , , , , , , | 19 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

Food inflation in China skyrockets; Retailer margin squeeze coming; More thoughts on stock picking

Food inflation in China skyrockets Chinese inflation numbers are set to be released tomorrow, with the market expecting a sub-5% reading….lower than anticipated earlier in the year. Despite this, inflation in China is rumored to be running at a double-digit … Continue reading

Posted in Economy, General investing | Tagged , , , , , , , , , , , , | 13 Comments

Credit risk across the nation: Who’s most at risk from an interest rate shock?

TD has come out with a very fascinating report in which they’ve assessed the financial vulnerability of households across the country.  It’s full of interesting data, though some of them certainly questionable.  Perhaps most interestingly, they have made easily available a … Continue reading

Posted in Economy, Real Estate | Tagged , , , , , , , , , , , , , , , , , , , | 21 Comments

Housing starts flatline; Remax discusses past real estate performance; CREA updates 2011 housing forecast; China raises interest rates

Housing starts flatline CMHC released their January 2011 housing starts data today.  Seasonally adjusted housing starts were virtually unchanged from December 2010 numbers, but down significantly from both the 12 month average and last January’s numbers. From BMO: It’s worth … Continue reading

Posted in Economy, Real Estate, Social trends | Tagged , , , , , , , , , , , , , , , , , , | 3 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