Tag Archives: prices

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

”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

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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

More signs of a coming condo glut

As I’ve noted before, the Toronto condo market is near its saturation point and looks set for a fall.   The city currently has 286 active condo projects currently underway, representing 73,953 units — by far the most of any city … Continue reading

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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

Why turmoil in the Middle East can mean $200 oil by the summer (over $2 a litre)…..and a possible economic crash shortly after

In the past few weeks we’ve seen revolutions spread throughout a handful of countries in the Middle East.  We’ve seen the price of oil spike as Libya (the 15th largest oil producing nation) sits on the verge of civil war. … Continue reading

Posted in Economy, Social trends | Tagged , , , , , , , , | 33 Comments

Teranet index reverses 3 month decline, posts positive monthly gains in December

The Teranet Index is an index used to calculate house price increases by using a paired-sales methodology similar to that of the Case-Shiller index in the US.  It provides an alternate view of the current state of the housing market.  … Continue reading

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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

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