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I think Domus was the first to point out this article in the Wall Street Journal - it looks like the Canadian Housing Bubble is getting some attention in the US media.But some economists who are concerned point out that home prices are rising far fas...
aggregated: 10 hours 54 min ago | 4 views
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Nero pointed out this article in the Globe and Mail about the Big Six Canadian banks urging the government to tighten up mortgage rules to control runaway speculation in the Canadian real estate market. Just to be clear, these are the same banks th...
aggregated: 1 day 7 hours ago | 4 views
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Several people wrote in and posted a link to this article in Macleans about the Canadian housing bubble. It s an interesting read and a good introduction to anyone who wonders what all this bubble talk is about.Room 32 of the B.C. Supreme Court in ...
aggregated: 5 days 14 hours ago | 9 views
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This should come as a surprise to no one, but this province leads the nation when it comes to concern over personal debt according to an RBC report.RBC chief economist and senior vice-president Craig Wright said much of the debt concern centres aroun...
aggregated: 6 days 6 hours ago | 6 views
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Some more winter-game accommodation stories in the news: There appears to be a problem with the plan to house some visitors in a cruise ship.A plan to berth an 1,100-room cruise ship in North Vancouver for use as a floating hotel during the Olympic...
aggregated: 1 week 7 hours ago | 4 views
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The Conference Board of Canada is predicting perfect stability in the local real estate market for the year ahead. They see the Metro Vancouver real estate market as currently hot, but not overheating and predict that it likely won t overheat as 2...
aggregated: 2 weeks 8 hours ago | 16 views
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According to this article on househunting.ca, the Canadian desire to own a home was the key to the quick recovery in the real estate market. While low interest rates were a principal factor driving home-buying activity, no one can discount the value ...
aggregated: 2 weeks 6 days ago | 12 views
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The BoC release a speech on Monday with a significant portion dedicated to the housing market:http://www.bankofcanada.ca/en/speeches/2010/sp110110.htmlThis speech reminds us several times that rate policy is to be used to control inflation, and that ...
aggregated: 3 weeks 6 days ago | 39 views
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The Bank of Canada has announced that it will not raise interest rates to address concerns of a Canadian housing bubble. Unfortunately for those counting on a .25% base rate, that doesn t mean rates will stay low indefinitely, just that they won t ...
aggregated: 4 weeks 3 hours ago | 20 views
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Ok, this is all getting a bit weird. First we heard from bank economists, Flaherty and the PM the general message tended towards caution: don t buy what you can t afford, make sure you can handle rising interest rates, we ll keep an eye on the Ca...
aggregated: 4 weeks 1 day ago | 39 views
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